Crypto Fear & Greed Index rises to 28, exits 'Extreme Fear'

The Crypto Fear & Greed Index from data provider CoinMarketCap has reached 28, moving from the "Extreme Fear" category into "Fear." The index measures market sentiment on a scale of zero to 100, where zero represents extreme fear and 100 indicates extreme optimism. CoinMarketCap's index is calculated based on factors including the price movements of the top 10 cryptocurrencies, market volatility, derivatives data like put/call ratios, the Stablecoin Supply Ratio (SSR), and the platform's own search data.