Crypto Fear & Greed Index remains in 'Fear' territory at 21

The Crypto Fear & Greed Index, calculated by data provider CoinMarketCap, has fallen one point from yesterday to 21, keeping market sentiment in the "Fear" category. The index measures market sentiment on a scale of 0 to 100, where 0 signifies extreme fear and 100 represents extreme optimism. CoinMarketCap's index is calculated based on factors including the price movements of the top 10 cryptocurrencies by market capitalization, market volatility, derivatives data like the put-call ratio, the Stablecoin Supply Ratio (SSR), and the platform's own search data.