Crypto Fear & Greed Index hits 39, shifting to 'fear'

The Fear & Greed Index from crypto data provider CoinMarketCap has fallen two points from the previous day to 39, shifting from "neutral" to "fear" as investor sentiment soured. The index measures market sentiment on a scale of 0 (extreme fear) to 100 (extreme optimism). CoinMarketCap calculates the index based on several factors, including the price movements of the top 10 cryptocurrencies, market volatility, derivatives data such as put/call ratios, the Stablecoin Supply Ratio (SSR), and its own search data.