Crypto Fear & Greed Index holds at 39, signaling fear

The Fear & Greed Index from crypto data provider CoinMarketCap stands at 39, unchanged from yesterday. This reading indicates that market sentiment remains in the fear category. The index measures market sentiment, where a value closer to 0 signifies extreme fear and a value closer to 100 represents extreme optimism. CoinMarketCap calculates its index 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 the platform's own search data.