Crypto 'Fear-Greed Index' at 74...Greed remains, crypto markets react to news from the Middle East.

Crypto data provider Alternative's self-estimated "Fear-Greed Index" rose two points from the previous day to 74. The greed stage was maintained. The index indicates extreme fear in the market, with readings closer to zero indicating extreme fear, and readings closer to 100 indicating extreme optimism. The Fear-Greed Index is calculated based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin market capitalization (10%), and Google searches (10%).

Over the weekend, Bitcoin fell below the 60K mark on fears of an escalating Middle East war between Israel and Iran. Bitcoin has seen a sharp decline of about 10K, and altcoins have seen price declines of up to 50%, with market capitalization falling. On the other hand, Bitcoin's crypto market volume has risen on the news that Israel, which is strongly supported by the United States, will not retaliate.