According to BlockBeats, the cryptocurrency Fear and Greed Index has decreased to 49 as of February 24, compared to last week's average of 51, indicating a neutral market sentiment. The index, which ranges from 0 to 100, is calculated based on several factors: volatility (25%), market trading volume (25%), social media trends (15%), market surveys (15%), Bitcoin's market dominance (10%), and Google search trends (10%).