Crypto Fear & Greed Index moves to 'fear' at 21

The Fear & Greed Index, as estimated by crypto data provider CoinMarketCap, now stands at 21, shifting from the "extreme fear" to the "fear" category. The index measures market sentiment on a scale of 0 to 100, where 0 represents 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 cap, market volatility, derivatives market data such as the put/call ratio, the Stablecoin Supply Ratio (SSR), and CoinMarketCap's proprietary search data.