Crypto Fear and Greed Index rises to 37 as sentiment edges higher

CoinMarketCap’s in-house Crypto Fear and Greed Index rose two points from yesterday to 37, indicating sentiment improved slightly while remaining in the fear zone. The index signals extreme fear when it is closer to zero and extreme optimism when it is closer to 100. CoinMarketCap calculates the gauge based on price moves among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators including the put/call ratio, the stablecoin supply ratio (SSR), and CoinMarketCap’s own search data.