Crypto 'Fear & Greed Index' at 18 as extreme fear persists

The Crypto Fear & Greed Index is at 18, up three points from yesterday but still in the "Extreme Fear" category, according to data from Alternative. The index first entered the "Extreme Fear" stage on Jan. 30 and has remained there since. The metric measures market sentiment on a scale of 0 (extreme fear) to 100 (extreme greed). It is calculated based on volatility (25%), market volume (25%), social media mentions (15%), surveys (15%), Bitcoin dominance (10%), and Google search trends (10%).