Crypto Fear & Greed Index rises to 20 as sentiment slightly recovers

The Crypto Fear & Greed Index, compiled by data provider Alternative, has risen four points from the previous day to 20. While investor sentiment has shown a slight recovery, the index remains in the "Extreme Fear" category. The index measures market sentiment on a scale where 0 represents extreme fear and 100 signifies extreme optimism. It is calculated based on several factors: volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search volume (10%).