COINOTAG News reported on September 8 that, according to Alternative data, the cryptocurrency fear and greed index registered a reading of 51, up from 44 the previous day, reflecting a modest uptick while the overall sentiment remains “Neutral”.

The index is measured on a 0–100 scale and aggregates six weighted components: Volatility (25%), Market Trading Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin’s Dominance (10%) and Google Trends Analysis (10%), providing a composite gauge of market conditions.

With a mid‑range score of 51, the metric offers a current snapshot of market sentiment but does not constitute a forecast; investors and analysts should track component movements alongside on‑chain and macro indicators to inform risk assessment and short‑term positioning.