Crypto Fear & Greed Index at 13 as extreme fear continues

The Crypto Fear & Greed Index, compiled by data provider Alternative, rose one point from yesterday to 13, indicating that the market remains in a state of extreme fear. The index measures market sentiment on a scale of 0 to 100, where 0 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%).