Crypto fear and greed index rises to 56, remains in neutral

CoinMarketCap’s in-house crypto fear and greed index rose one point from yesterday to 56, remaining in neutral. A reading closer to zero signals extreme market fear, while a reading closer to 100 indicates extreme optimism. CoinMarketCap said the index is calculated based on price moves among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives market data such as put/call ratios, the stablecoin supply ratio, or SSR, and CoinMarketCap’s own search data.