Crypto Fear & Greed Index remains at 22, signaling extreme fear

The Crypto Fear & Greed Index, compiled by data provider Alternative, stands at 22, unchanged from yesterday, indicating that the market continues to be in a state of extreme fear. The index measures market sentiment on a scale from 0 (extreme fear) to 100 (extreme greed). It is calculated based on several factors: volatility (25%), market volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market dominance (10%), and Google search trends (10%).