Crypto 'Fear & Greed Index' falls to 15, enters 'Extreme Fear'

The Fear & Greed Index from crypto data provider CoinMarketCap has fallen one point from yesterday to 15, shifting from "Fear" to "Extreme Fear." The index indicates extreme market fear as it approaches 0 and extreme optimism as it nears 100. 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 such as the put/call ratio, the Stablecoin Supply Ratio (SSR), and the platform's own search data.