Crypto 'Fear & Greed Index' remains in extreme fear at 5

The Crypto Fear & Greed Index has fallen four points from yesterday to five, remaining in the 'Extreme Fear' category, according to data from Alternative. The index measures market sentiment on a scale of 0 to 100, where 0 signifies extreme fear and 100 represents extreme optimism. The Fear & Greed Index is calculated using volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search volume (10%).