Crypto Fear & Greed Index dips to 27, remains in fear

The Crypto Fear & Greed Index from data provider Alternative registered 27, down one point from yesterday and remaining in the fear category. The index measures market sentiment on a scale of 0 to 100, where 0 indicates extreme fear and 100 represents extreme optimism. It is calculated based on several factors, including volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search volume (10%).