Crypto 'Fear & Greed Index' at 18, 'Extreme Fear' persists

The Crypto Fear & Greed Index, by CoinMarketCap's own measure, is at 18, up two points from yesterday. This keeps the market in a state of 'Extreme Fear.' The index indicates extreme market fear as it approaches 0 and extreme optimism as it approaches 100. CoinMarketCap calculates the index based on factors including 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.