Crypto Fear & Greed Index moves to 'Fear' at 23

The Crypto Fear & Greed Index stands at 23, moving into the 'Fear' category after being in 'Extreme Fear' on June 13, according to data from CoinMarketCap. The index measures market sentiment on a scale from 0 (Extreme Fear) to 100 (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 put/call ratios, the Stablecoin Supply Ratio (SSR), and its own search data.