The Crypto Fear & Greed Index has experienced a decline to 41, representing a two-point decrease from yesterday's reading.
This development keeps the overall market sentiment firmly in the neutral stage. The index assesses market sentiment based on various factors, including price movements of top cryptocurrencies, market volatility, and derivatives data.
The index operates on a scale ranging from 0 to 100, with lower values signifying extreme fear and higher values indicating extreme optimism.