Crypto 'Fear & Greed Index' rises to 12, extreme fear persists

The Crypto Fear & Greed Index stands at 12, up four points from yesterday, maintaining a sentiment of "Extreme Fear," according to data from Alternative. The index measures market sentiment on a scale of 0 (extreme fear) to 100 (extreme optimism). It is calculated based on several factors: volatility (25%), market momentum and volume (25%), social media (15%), surveys (15%), Bitcoin dominance (10%), and Google Trends data (10%).