Bitcoin Sentiment Neutral: Fear and Greed Index Reaches 50 on August 29

COINOTAG News reports on August 29 that, per Alternative Data, the Fear and Greed Index moved to 50 from 48 yesterday, signaling a prevailing Neutral market sentiment across digital assets. This reading reflects a midpoint on the standardized sentiment scale and indicates neither entrenched fear nor excessive greed.

The index is a composite sentiment gauge constructed from multiple metrics: Volatility (25%), Market Trading Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin’s share of the overall market (10%), and Google Trends Analysis (10%). Each component contributes to an aggregate view of investor positioning and short-term market dynamics.

On a 0-100 continuum, the Fear and Greed Index provides a quantitative snapshot of the broader cryptocurrency market sentiment. Market participants can use this neutral reading as a contextual input for risk assessment and portfolio positioning, without inferring directional certainty.