According to Binance market data, the cryptocurrency Fear and Greed Index has risen to 34 today, up from 24 yesterday, indicating a shift in market sentiment from 'extreme fear' to 'fear'. 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%).
