Crypto Fear & Greed Index rises to 22, but extreme fear persists

The Crypto Fear & Greed Index, compiled by data provider Alternative, rose 12 points from the previous day to 22. The index has remained in the 'Extreme Fear' stage since shifting from 'Fear' on Jan. 30. The metric gauges market sentiment on a scale from 0 (extreme fear) to 100 (extreme greed). It 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%).