Crypto 'Fear & Greed Index' falls to 12, Extreme Fear persists

The Fear & Greed Index from crypto data provider Alternative fell two points from yesterday to 12, continuing the 'Extreme Fear' stage. The index indicates extreme market fear as it approaches zero and extreme optimism as it approaches 100. The Fear & Greed Index 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%).