Crypto Fear & Greed Index holds at 11, signaling extreme fear

The Crypto Fear & Greed Index from data provider Alternative stands at 11 today, unchanged from yesterday, keeping the market in a state of "Extreme Fear." The index measures sentiment on a scale of 0 to 100, with 0 representing extreme fear and 100 indicating extreme optimism. The score is calculated based on several factors: volatility (25%), market volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search trends (10%).