Crypto 'Fear & Greed Index' holds at 14, signaling extreme fear

The Fear & Greed Index from cryptocurrency data provider CoinMarketCap stands at 14, unchanged from yesterday, keeping market sentiment in the "extreme fear" category. The index measures market sentiment on a scale where 0 indicates extreme fear and 100 represents extreme optimism. CoinMarketCap's index is calculated based on factors such as the price movements of the top 10 cryptocurrencies, market volatility, derivatives market data including the put-to-call ratio, the Stablecoin Supply Ratio (SSR), and the platform's own search data.