The 'Fear & Greed Index,' estimated by cryptocurrency data provider CoinMarketCap, recorded a score of 35. This indicates that the 'fear' phase is persisting in the market.

An index closer to 0 indicates extreme fear in the market, whereas a score closer to 100 signifies extreme optimism.

CoinMarketCap's Fear & Greed Index is calculated based on the following comprehensive market data: • Price movements of the top 10 cryptocurrencies by market capitalization • Market volatility • Derivatives market (such as the put-call ratio, etc.) • Stablecoin supply ratio (SSR) • CoinMarketCap's proprietary search data