Crypto Fear and Greed Index rises to 55, signaling improved sentiment

CoinMarketCap’s in-house Crypto Fear and Greed Index came in at 55, up 14 points from yesterday, while remaining in neutral territory. The index indicates extreme fear when it is closer to zero and extreme optimism when it is closer to 100. According to CoinMarketCap, the index is calculated based on price movements among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators including the put/call ratio, the stablecoin supply ratio, or SSR, and CoinMarketCap’s own search data.