Crypto Fear & Greed Index at 22 as extreme fear continues

The Crypto Fear & Greed Index from data provider Alternative registered 22, an increase of seven points from yesterday. This reading indicates that market sentiment remains in the Extreme Fear stage. The index measures market sentiment on a scale where 0 represents extreme fear and 100 signifies extreme optimism. It is calculated based on factors including volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search volume (10%).