Crypto Fear & Greed Index holds at 24, signaling extreme fear

The Crypto Fear & Greed Index stands at 24, unchanged from yesterday and holding within the extreme fear range, according to data from Alternative. The index gauges market sentiment on a scale from 0 (extreme fear) to 100 (extreme optimism). Its calculation is based on several factors: volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market capitalization dominance (10%), and Google search volume (10%).