Crypto Fear & Greed Index rises to 56

The Fear & Greed Index from crypto data provider CoinMarketCap is at 56, up three points from yesterday, maintaining its "Neutral" status. The index measures market sentiment on a scale from 0 (extreme fear) to 100 (extreme optimism). CoinMarketCap's index is calculated based on factors including the price movements of the top 10 cryptocurrencies, market volatility, derivatives market data such as the put-to-call ratio, the Stablecoin Supply Ratio (SSR), and CoinMarketCap's own search data. Note: We have changed the data source for our Fear & Greed Index updates from Alternative.me to CoinMarketCap, as we have determined that CoinMarketCap's data more sensitively reflects current market conditions.