Crypto 'Fear & Greed Index' at 24, fear persists

CoinMarketCap's proprietary "Fear & Greed Index" registered a score of 24, down one point from yesterday. The index remains in the 'fear' stage. A score closer to zero indicates extreme fear in the market, while a score nearer to 100 signifies extreme optimism. The 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 CoinMarketCap's own search data.