Crypto fear and greed index falls to 78, signaling slightly weaker sentiment

CoinMarketCap’s proprietary Crypto Fear and Greed Index came in at 78, down four points from yesterday and shifting from extreme greed to greed. The index suggests sentiment has eased slightly. A reading closer to zero indicates extreme fear in the market, while a reading closer to 100 signals extreme optimism. CoinMarketCap calculates the index based on price movements among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators such as the put/call ratio, the stablecoin supply ratio, and CoinMarketCap’s own search data.