Crypto Fear & Greed Index hits 42, signaling continued fear

The Crypto Fear & Greed Index, compiled by data provider Alternative, has fallen two points from yesterday to 42, remaining in the fear category. The index measures market sentiment on a scale of 0, representing extreme fear, to 100, indicating extreme optimism. It is calculated based on several factors: volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin dominance (10%), and Google search volume (10%).