Crypto fear and greed index holds at 66 in greed territory

CoinMarketCap’s in-house crypto fear and greed index came in at 66, indicating market sentiment remained in greed territory. The index signals 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 moves among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators including the put-to-call ratio, the Stablecoin Supply Ratio, or SSR, and CoinMarketCap’s own search data.