Total Market Cap | Fear & Greed Index |
---|---|
$?2.17T (0.58%) | 34/100 Fear |
The Bitcoin Fear and Greed index is a tool for measuring sentiment in the cryptocurrency market. The index has a value of between 0 and 100. Lower values indicate fearful sentiment, while higher values indicate greedy sentiment.The Bitcoin Fear and Greed index is currently 34, which means that sentiment in the BTC market is currently Fear.
Historical Fear & Greed Index Values of Bitcoin
The Fear and Greed index for Bitcoin displays big fluctuations over time. We provide historical Bitcoin Fear and Greed index data to show you how sentiment in the Bitcoin market has changed over the years. Here's what the Fear and Greed index was at the end of each year:
Date | Fear & Greed Index | Sentiment |
---|---|---|
August 23, 2023 | 76 (Extreme Greed) | 31 (Bearish) |
August 23, 2022 | 79 (Extreme Greed) | 8 (Bearish) |
August 23, 2021 | 28 (Fear) | 100 (Bullish) |
August 23, 2020 | 37 (Fear) | 58 (Neutral) |
August 23, 2019 | - | 54 (Neutral) |
August 23, 2018 | - | 20 (Bearish) |
August 23, 2017 | - | 100 (Bullish) |
August 23, 2016 | - | 81 (Bullish) |
August 23, 2015 | - | 8 (Bearish) |
August 23, 2014 | - | 27 (Bearish) |
August 23, 2013 | - | 84 (Bullish) |
August 23, 2012 | - | 75 (Neutral) |
August 23, 2011 | - | 37 (Bearish) |
August 23, 2010 | - | 0 (Bearish) |
Know More About Bitcoin Fear & Greed index
The cryptocurrency markets are known for their volatility and speculative nature. When prices are rising, many investors feel FOMO (fear of missing out) and make impulsive decisions to purchase cryptocurrencies after their prices have already increased significantly. During bearish periods, the feeling of fear is common, which can lead investors to cut their losses and sell their coins after their prices have already seen a large drop.
To have a better overview of the cryptocurrency market, it's important to gauge sentiment—this is exactly what the Bitcoin Fear & Greed Index is used for. The index helps you determine whether crypto investors are currently greedy or fearful. This is useful since an overly greedy market means there could be good selling opportunities, while an overly fearful market means there could be good buying opportunities. This concept was best summarized by legendary investor Warren Buffett:
"Be fearful when others are greedy, and greedy when others are fearful."