Crypto Fear & Greed Index shifts to 'Extreme Fear' at 18

The Crypto Fear & Greed Index, an estimate from data provider CoinMarketCap, has fallen two points from yesterday to 18, shifting from the "Fear" stage to "Extreme Fear." The index gauges market sentiment on a scale where 0 signifies extreme fear and 100 indicates extreme optimism. CoinMarketCap calculates the index based on factors such as the price movements of the top 10 cryptocurrencies by market capitalization, market volatility, derivatives data including the put/call ratio, the Stablecoin Supply Ratio (SSR), and its own search data.