Crypto Fear & Greed Index falls 2 points to 47

The Crypto Fear & Greed Index from data provider CoinMarketCap is at 47, down 2 points from yesterday. The market remains in a neutral state. The index measures market sentiment on a scale where 0 signifies extreme fear and 100 indicates extreme optimism. CoinMarketCap's index is calculated based on several 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 own search data.