Crypto Fear & Greed Index remains in 'extreme fear' at 16

The Fear & Greed Index from crypto data provider Alternative rose two points from yesterday to 16, keeping the market in a state of 'extreme fear.' A score closer to 0 indicates extreme fear, while a score closer to 100 represents extreme optimism. The index 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%).