Crypto Fear & Greed Index falls to 20, remains in extreme fear

The Crypto Fear & Greed Index has fallen five points to 20, continuing a state of extreme fear, according to data from Alternative. The index measures market sentiment on a scale of 0 to 100, where 0 signifies extreme fear and 100 indicates extreme optimism. The Fear & Greed Index is calculated based on several factors, including volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market capitalization dominance (10%), and Google search volume (10%).