Crypto Fear & Greed Index falls to 11, signaling continued extreme fear

The Crypto Fear & Greed Index has dropped five points to 11, remaining in the extreme fear category, according to data from Alternative. The index measures market sentiment on a scale from 0, indicating extreme fear, to 100, representing extreme greed. It is calculated based on market volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market capitalization dominance (10%), and Google search volume (10%).