Crypto Fear & Greed Index drops to 44, shifting to fear

The Crypto Fear & Greed Index from data provider Alternative has fallen five points from the previous day to 44. The drop signals a shift in investor sentiment from the neutral stage to the fear stage. The index operates on a scale where 0 represents extreme fear and 100 signifies extreme optimism. It is calculated based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market capitalization dominance (10%), and Google search volume (10%).