According to BlockBeats, the Fear and Greed Index for cryptocurrencies has reached a score of 23 today, slightly up from 22 yesterday. This indicates an extreme level of fear in the market, marking the lowest point in the past 30 days.
The Fear and Greed Index ranges from 0 to 100 and is calculated based on several indicators: volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's dominance in the market (10%), and Google search trends (10%).
