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CoinMarketCap’s in-house crypto fear and greed index rose one point from yesterday to 68, indicating that the market remained in greed territory.
The index is designed so readings closer to zero signal extreme fear, while readings closer to 100 indicate extreme optimism. CoinMarketCap calculates the gauge based on price moves among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators including the put-to-call ratio, the stablecoin supply ratio, or SSR, and CoinMarketCap’s own search data.