Crypto 'Fear & Greed Index' at 33 as fear persists

The Fear & Greed Index from crypto data provider CoinMarketCap is at 33, down two points from yesterday, continuing the "Fear" phase. The index ranges from 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 by market capitalization, market volatility, derivatives market data such as put/call ratios, the Stablecoin Supply Ratio (SSR), and the platform's own search data.