Crypto fear and greed index rises 7 points to 79, greed persists

CoinMarketCap’s in-house crypto fear and greed index rose seven points from yesterday to 79, remaining in greed territory. A reading closer to zero indicates extreme fear in the market, while one closer to 100 signals extreme optimism. CoinMarketCap calculates the index 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 (SSR), and CoinMarketCap’s own search data.