Crypto 'Fear & Greed Index' hits 40, shifts to neutral

The Crypto Fear & Greed Index from data provider CoinMarketCap is at 40, up one point from yesterday, shifting from Fear to Neutral. The index indicates extreme fear as it approaches 0 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.