Crypto Fear & Greed Index climbs to 29 as investor sentiment eases

The Crypto Fear & Greed Index, compiled by data provider Alternative, has risen one point to 29. The move indicates a continued easing of investor caution, following the index's shift from the extreme fear category to the fear category a day earlier. The index gauges market sentiment on a scale where zero represents extreme fear and 100 signifies extreme greed. Its calculation is 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%).