Crypto Fear and Greed Index stays at 29, signaling continued fear

CoinMarketCap’s in-house Crypto Fear and Greed Index came in at 29, unchanged from yesterday, indicating that the market remained in the fear zone. The index signals extreme fear as it approaches zero and extreme optimism as it moves closer to 100. CoinMarketCap calculates the gauge based on price movements in the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market data such as put-to-call ratios, the Stablecoin Supply Ratio (SSR), and CoinMarketCap’s own search data.