According to PANews, the Crypto Fear and Greed Index has dropped to 53 today, down from 56 yesterday, reflecting a neutral market sentiment.
The index, which ranges from 0 (extreme fear) to 100 (extreme greed), is calculated based on several key factors: volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin’s market dominance (10%), and Google Trends data (10%).