Crypto Fear & Greed Index falls to 23, re-enters 'Extreme Fear'

The Fear & Greed Index from crypto data provider Alternative has fallen three points from yesterday to 23, re-entering the Extreme Fear category. The shift comes just three days after the index had moved into the Fear stage. The index measures market sentiment on a scale where zero represents extreme fear and 100 indicates extreme optimism. 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%).