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CoinMarketCap’s in-house Crypto Fear and Greed Index rose nine points from yesterday to 64, moving from neutral to greed.
A reading closer to zero indicates extreme fear in the market, while a reading closer to 100 signals extreme optimism. CoinMarketCap calculates the index based on price moves among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators including the put/call ratio, the stablecoin supply ratio, or SSR, and CoinMarketCap’s own search data.