Crypto fear and greed index falls to 63, greed persists

CoinMarketCap’s in-house crypto Fear and Greed Index came in at 63, down six points from yesterday, while remaining in greed territory. The index indicates extreme fear as it approaches zero and extreme optimism as it nears 100. CoinMarketCap calculates the gauge based on price moves among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market data including the put/call ratio, the Stablecoin Supply Ratio, and CoinMarketCap’s own search data.