The crypto fear index has dropped to 21, but remains at "extreme fear" levels.

According to data from Alternative, as reported by Odaily Planet Daily, the cryptocurrency fear and greed index dropped to 21 today (from 23 yesterday), indicating that the market remains in a state of "extreme fear".

Note: The fear index ranges from 0 to 100 and includes the following indicators: volatility (25%) + market trading volume (25%) + social media buzz (15%) + market surveys (15%) + Bitcoin's share of the overall market (10%) + Google trending topics (10%).