Bitcoin Boosts Crypto Sentiment: Fear and Greed Index Climbs to 50, Market Shifts to “Neutral”

COINOTAG News on September 29 reports that, according to Alternative Data, the Fear and Greed Index rose to 50 from 37 the previous day, shifting market sentiment from Fear to Neutral, with a seven‑day average of 45. The index, scaled 0–100, combines Volatility (25%), Market Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin’s Dominance (10%) and Google Trends Analysis (10%) to provide a composite indicator of cryptocurrency risk appetite. Market participants may reference this data as a near‑term sentiment metric when evaluating positioning and liquidity across crypto markets.