Crypto Fear & Greed Index Plummets to Historic Low

The latest update from the Crypto Fear & Greed Index shows that investor sentiment remains at an all-time low. With a current reading of 10, this level indicates extreme fear in the market.

According to data provider Alternative, which compiles the index, this is a four-point decrease from yesterday's reading.

The index takes into account several key factors, including volatility, trading volume, social media mentions, surveys, Bitcoin's market cap dominance, and Google search volume. These elements contribute to a comprehensive picture of market sentiment.