Crypto Fear & Greed Index holds at 29, signaling continued fear

The Crypto Fear & Greed Index from data provider Alternative stands at 29, unchanged from yesterday and remaining in the fear category. The index measures sentiment on a scale where 0 represents extreme fear and 100 indicates extreme optimism. It is calculated based on several factors, including volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market dominance (10%), and Google search volume (10%).