Crypto fear and greed index falls 5 points to 53, remains neutral

CoinMarketCap’s in-house crypto fear and greed index came in at 53, down five points from yesterday, and remained in neutral. The index indicates extreme fear when it is closer to zero and extreme optimism when it is closer to 100. CoinMarketCap calculates the gauge based on price moves in the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators such as the put-to-call ratio, the stablecoin supply ratio, or SSR, and CoinMarketCap’s own search data.