Crypto 'Fear & Greed Index' falls to 15, extreme fear persists

The 'Fear & Greed Index' from cryptocurrency data provider Alternative registered 15, down one point from the previous day. The index shifted from the 'Fear' to the 'Extreme Fear' stage on Jan. 30 and has remained in the latter category since. The index indicates extreme market fear as it approaches zero and extreme optimism as it nears 100. The Fear & Greed Index is calculated based on several factors: volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search volume (10%).