Crypto fear and greed index falls 5 points to 61, remains in greed zone

CoinMarketCap’s in-house crypto fear and greed index came in at 61, down five points from yesterday, while remaining in the greed zone. The index indicates extreme fear as it moves closer to zero and extreme optimism as it approaches 100. CoinMarketCap calculates the gauge based on price movements among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators such as put/call ratios, the stablecoin supply ratio, or SSR, and CoinMarketCap’s own search data.