Crypto Fear & Greed Index rises to 11, Extreme Fear continues

The Crypto Fear & Greed Index from data provider Alternative has risen three points from yesterday to 11, though market sentiment remains in a state of Extreme Fear. The index measures market sentiment on a scale where zero represents extreme fear and 100 signifies extreme optimism. It 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%).