Crypto fear and greed index falls to 35 as sentiment weakens

CoinMarketCap’s in-house Crypto Fear and Greed Index came in at 35, down three points from yesterday, indicating that fear remained in place. The index signals extreme fear as it approaches zero and extreme optimism as it nears 100. According to CoinMarketCap, the gauge is calculated based on price moves among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators such as the put/call ratio, the stablecoin supply ratio, or SSR, and CoinMarketCap’s own search data.