Crypto Fear and Greed Index Hits 35 Points for Second Day

The Crypto Fear and Greed Index, a key indicator of investor sentiment in cryptocurrency markets, remained at 35 points, signaling continued caution among investors. This unchanged reading from the previous day suggests that risk appetite remains low, with investor uncertainty and lack of market confidence still prevalent.

The index measures fear and greed levels by comparing them to historical data. It indicates 'excessive fear' when approaching zero and 'excessive greed' as it approaches 100. The current level of 35 points places the index firmly in the 'fear' zone, indicating investors are acting cautiously due to uncertainty.

CoinMarketCap calculates the index by considering various data points related to the cryptocurrency market. These include price movements of top 10 cryptocurrencies, market volatility, put/call ratios in derivative markets, stablecoin supply ratio (SSR), and user search data on the CoinMarketCap platform.