Crypto Fear & Greed Index returns to 'Extreme Fear'

The Crypto Fear & Greed Index, compiled by data provider Alternative, has dropped four points from yesterday to 24, shifting from the "Fear" stage back into "Extreme Fear." The index measures market sentiment on a scale where zero indicates extreme fear and 100 represents extreme optimism. The reading is calculated based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search volume (10%).