Crypto Fear & Greed Index drops to 49, remains neutral

The Crypto Fear & Greed Index, calculated by data provider CoinMarketCap, has fallen three points from yesterday to 49, maintaining its neutral status. The index measures market sentiment on a scale from 0 (extreme fear) to 100 (extreme optimism). It is calculated based on several factors, including the price movements of the top 10 cryptocurrencies by market capitalization, market volatility, derivatives market data such as the put/call ratio, the Stablecoin Supply Ratio (SSR), and CoinMarketCap's proprietary search data.