Crypto Fear & Greed Index falls to 47, remains neutral

The Fear & Greed Index from cryptocurrency data provider CoinMarketCap stands at 47, down three points from yesterday. The index remains in the neutral phase. The index indicates extreme market fear as it approaches zero and extreme optimism as it nears 100. CoinMarketCap's index is calculated based on the price movements of the top 10 cryptocurrencies by market capitalization, market volatility, derivatives market data such as put/call ratios, the Stablecoin Supply Ratio (SSR), and the platform's own search data.