Crypto Fear & Greed Index stands at 11, signaling continued extreme fear

The Crypto Fear & Greed Index from data provider Alternative has risen two points from yesterday to 11, though market sentiment remains in the extreme fear category. The index measures sentiment on a scale of 0 for extreme fear to 100 for 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%).