Crypto Fear and Greed Index rises to 39, sentiment improves slightly

CoinMarketCap’s in-house Crypto Fear and Greed Index rose two points from yesterday to 39, indicating a slight improvement in market sentiment while remaining in the fear zone. 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 movements in the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators including the put/call ratio, the stablecoin supply ratio, and CoinMarketCap’s own search data.