Crypto 'Fear & Greed Index' at 18, up 2 points

The Crypto Fear & Greed Index from data provider CoinMarketCap has risen two points from yesterday to 18, though it remains in the 'Extreme Fear' stage. The index measures market sentiment on a scale where 0 indicates extreme fear and 100 signifies extreme optimism. CoinMarketCap calculates the index 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-to-call ratio, the Stablecoin Supply Ratio (SSR), and CoinMarketCap's proprietary search data.