Crypto 'Fear & Greed Index' shifts to fear at 39

The Fear & Greed Index from cryptocurrency data provider CoinMarketCap has registered a score of 39, shifting from the neutral stage to the fear stage. The index indicates extreme fear as it approaches 0 and extreme optimism as it approaches 100. CoinMarketCap's Fear & Greed Index 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 own search data.