Crypto 'Fear & Greed Index' at 11 as extreme fear continues

The Crypto Fear & Greed Index from data provider Alternative has fallen 12 points from yesterday to 11, continuing a state of Extreme Fear. The index measures market sentiment on a scale of zero to 100, where zero signifies Extreme Fear and 100 represents Extreme Greed. It is calculated based on several factors: volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market capitalization dominance (10%), and Google search volume (10%).