CoinMarketCap’s Crypto Fear and Greed Index slipped two points to 71 from the prior day, remaining in the greed zone on its 0-to-100 scale. The reading indicates that investors generally retain a bullish outlook and a high appetite for risk, although the decline reflects a limited cooling in sentiment. Readings nearer zero signal extreme fear, while those nearer 100 signal extreme optimism. CoinMarketCap calculates the index using price movements among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators including the put-to-call ratio, the stablecoin supply ratio and its internal search data. The gauge combines price performance, volatility, derivatives activity and investor interest into a single measure. High greed often accompanies strong crypto performance and rising interest, but excessive optimism can leave markets more exposed to corrections. Market participants will monitor the index alongside major cryptocurrencies, with a further rise indicating stronger risk appetite and a decline pointing to increased caution.