Crypto fear and greed index slips to 71, greed persists

CoinMarketCap’s in-house Crypto Fear and Greed Index came in at 71, down one point from yesterday, with the market remaining in greed territory. The index indicates extreme fear as it approaches zero and extreme optimism as it approaches 100. CoinMarketCap calculates the index based on price moves among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators including put/call ratios, the stablecoin supply ratio (SSR), and CoinMarketCap’s own search data.