Crypto Fear & Greed Index rises to 23, remains in 'Extreme Fear'

The Crypto Fear & Greed Index, compiled by data provider Alternative, has risen two points from yesterday to 23. The market remains in a state of extreme fear. The index measures market sentiment on a scale from 0 (extreme fear) to 100 (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%).