Crypto Fear & Greed Index falls to 27, remains in fear zone

The Crypto Fear & Greed Index, as estimated by data provider CoinMarketCap, has fallen four points from yesterday to 27, keeping market sentiment in the "Fear" stage. The index measures market sentiment on a scale of zero, representing extreme fear, to 100, indicating extreme optimism. CoinMarketCap's index is calculated 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-call ratio, the Stablecoin Supply Ratio (SSR), and the platform's own search data.