Crypto Fear & Greed Index rises to 24, remains in extreme fear

The Crypto Fear & Greed Index rose four points from the previous day to 24, though it remains in the extreme fear category, according to data from Alternative. The index measures market sentiment on a scale of 0 (extreme fear) to 100 (extreme optimism). It is calculated based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search volume (10%).