Crypto Fear & Greed Index rises to 28, moves to fear level

The Crypto Fear & Greed Index from data provider Alternative stands at 28, an increase of eight points from yesterday. This shift moves market sentiment from extreme fear to fear. The index measures market sentiment on a scale from 0 (extreme fear) to 100 (extreme optimism). It is calculated based on factors including volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search volume (10%).