How It Works
Alternative.me currently calculates this index for Bitcoin only, using several Bitcoin and broader crypto-market inputs. It ranges from 0 to 100, where 0 means “Extreme Fear” and 100 means “Extreme Greed.” The daily value describes the provider's estimate of Bitcoin-market sentiment, not the mood of every token or blockchain network.
Why Sentiment Matters
Bitcoin and other crypto markets can be highly emotional. When Bitcoin is rising, people may become greedy and chase momentum; during declines, they may panic sell. This Bitcoin-focused index helps describe that sentiment, but does not measure every asset or establish whether Bitcoin's price is sustainable.
Historical Context
Extreme readings can coincide with major market events, but they do not reliably identify a bottom, top, or reversal date. Compare a reading with price, liquidity, fundamentals, and your own risk constraints rather than treating sentiment as a trade signal.
Track Your Portfolio
While understanding market sentiment is valuable, tracking your actual investments is equally important. Our free Crypto Portfolio Tracker app lets you monitor your real holdings, visualize performance over time, and get AI-powered insights to make better investment decisions.