Crypto Fear & Greed Index rises to 31, fear persists

The Crypto Fear & Greed Index from data provider CoinMarketCap is at 31, up three points from yesterday. The market remains in a state of fear. The index measures market sentiment on a scale of 0, indicating extreme fear, to 100, representing extreme optimism. CoinMarketCap's index is calculated based on factors including the price movements of the top 10 cryptocurrencies, market volatility, derivatives data like the put/call ratio, the Stablecoin Supply Ratio (SSR), and the platform's own search data.