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CoinMarketCap’s in-house Crypto Fear and Greed Index rose three points from yesterday to 54, indicating sentiment improved slightly while remaining in the neutral zone.
A reading closer to zero signals extreme fear in the market, while one closer to 100 points to extreme optimism. CoinMarketCap calculates the index based on price movements 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.