The reading points to continued caution in digital-asset markets, with the gauge built from top-10 crypto price action, volatility, derivatives signals, stablecoin data and platform search trends.
CoinMarketCap’s in-house Crypto Fear and Greed Index was at 35, unchanged from the previous day and still in fear territory. The gauge is designed to move toward extreme fear as it approaches zero and toward extreme optimism as it nears 100. CoinMarketCap said the measure is derived from 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 the company’s own search data.