Crypto Fear & Greed Index rises to 47

The Fear & Greed Index from cryptocurrency data provider CoinMarketCap rose two points from yesterday to 47, maintaining its 'Neutral' status. The index indicates extreme fear as it approaches 0 and extreme optimism as it approaches 100. CoinMarketCap's index is calculated based on factors including the price movements of the top 10 cryptocurrencies by market capitalization, market volatility, derivatives market data like the put/call ratio, the Stablecoin Supply Ratio (SSR), and the platform's proprietary search data.