Crypto Fear & Greed Index rises to 62, remains in neutral territory

The Crypto Fear & Greed Index from data provider CoinMarketCap has risen six points from yesterday to 62, maintaining its neutral status. The index measures market sentiment on a scale of 0 to 100, where 0 signifies extreme fear and 100 represents extreme optimism. CoinMarketCap calculates the index based on several factors, including the price movements of the top 10 cryptocurrencies, market volatility, derivatives market data like the put-call ratio, the Stablecoin Supply Ratio (SSR), and its own search data. Note: We have changed the data source for our Fear & Greed Index updates from Alternative to CoinMarketCap, as we believe CoinMarketCap's data more sensitively reflects market conditions.