Disclaimer: The Crypto Fear & Greed Index is a sentiment reference for informational and educational purposes only. It is not investment advice, not a forecast, and not a recommendation to buy or sell any asset. Crypto data may be delayed or inaccurate. Always consult a qualified financial professional before making investment decisions.
Four signals, weighted equally — each reading the market a different way, so the score isn't just the price chart in disguise.
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On-chain holder behaviour
Because the blockchain is public, we can see something stocks never reveal: whether the average holder is in profit or in pain — and whether they're selling. This has flagged tops and bottoms better than price alone.
Bitcoin holder profit & loss
MVRV · NUPL · SOPR — direct from the chain
MVRV
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market value ÷ realized value
NUPL
--
net unrealized profit/loss
SOPR
--
spent output profit ratio
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Beneath the headline
Three things the headline number doesn't tell you: where the money's going, how stretched traders are, and how much cash is waiting on the sidelines.
Altseason gauge
ETH/BTC vs its 90-day average
ETH / BTC
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90d average
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Leverage & dry powder
perpetual funding · stablecoin reserves
Funding (ann)
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Stablecoin 30d
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A second opinion: vs. alternative.me
The crypto index everyone quotes is alternative.me. It leans on social media and search trends; we lean on what traders are actually doing — options, leverage, on-chain. When the two disagree, that gap is the interesting part.
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Comparing the two indices…
Loading the comparison…
FearGreedChart weighs
BTC momentum vs its trend
Implied volatility (Deribit DVOL)
Perpetual funding & leverage
Stablecoin capital flows
On-chain holder profit/loss
alternative.me weighs
Price volatility
Market momentum & volume
Social media sentiment
Bitcoin dominance
Google Trends
05
Crypto vs. stocks: cross-market mood
Is the mood just a crypto thing, or is the whole market feeling it? Here's a year of crypto sentiment next to the stock market's — when they split, that tells you a lot.
⚡
Analysing divergence…
Comparing crypto and stock sentiment…
● Crypto F&G┅ Stocks F&G—
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History
A year of daily readings, with Bitcoin's price laid over the top. Hover any point for that day's exact numbers.
● Fear & Greed● BTC price—
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Methodology
No black box. Here's exactly what goes into the score — and you can pull the raw data yourself anytime.
0–20 EXTREME FEAR
21–40 FEAR
41–60 NEUTRAL
61–80 GREED
81–100 EXTREME GREED
How each signal works
Market Momentum
Where Bitcoin's price sits versus its recent average. Trading well above points to strength and greed; well below, to weakness and fear.
Implied Volatility
How much turbulence the options market expects — crypto's take on the stock market's "fear index." Calm reads as greed (even complacency); stormy reads as fear. It looks ahead, not behind.
Funding / Leverage
What traders pay to hold leveraged bets. Crowded bullish bets read as greed; bearish bets paying up read as fear; near zero is balanced.
Capital Flow
How fast stablecoins — crypto's cash — are being created or cashed out. More cash arriving reads as greed; cash leaving reads as fear.
Readings go back a year and grow daily. Extremes have often come right before the market turned — but treat this as context, not a buy or sell signal.
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Frequently asked questions
What is the Crypto Fear & Greed Index?
A 0–100 composite measuring crypto market sentiment from four signals — price momentum, implied volatility, perpetual funding, and stablecoin capital flows. Higher values mean greed (potentially overbought); lower values mean fear (potentially oversold). It's a contrarian reference point, not a trading signal.
How is it different from the alternative.me index?
The FearGreedChart Crypto Index uses a fully disclosed, percentile-ranked methodology consistent with the FearGreedChart stock indices, and leans on forward-looking implied volatility and leverage positioning rather than social-media sentiment or surveys. On-chain holder profit/loss is surfaced directly. The indices are shown side by side, so where they disagree is transparent rather than hidden.
What do MVRV, NUPL and SOPR mean?
They measure whether the average Bitcoin holder is in profit or loss and whether they're realising it, computed directly from the public blockchain. MVRV above ~3 and NUPL above ~0.75 mark historical euphoria/top zones; values near or below zero mark capitulation/bottom zones. SOPR above 1 means coins are moving at a profit, below 1 at a loss.
Where does the data come from?
Bitcoin and Ether prices from Yahoo Finance; implied volatility from Deribit's DVOL index; perpetual funding from Kraken Futures; stablecoin supply from DefiLlama; on-chain metrics from BGeometrics. All primary, free, public sources — no scraping and no paywalled black boxes.
How often is it updated?
Once per day.
Is this investment advice?
No. It's a contextual sentiment measure, not a buy/sell signal. Past patterns don't predict future returns. Always consult a qualified financial professional before making investment decisions.
Disclaimer: Crypto.FearGreedChart.com provides market sentiment data and historical statistics for informational and educational purposes only. Nothing on this site constitutes financial advice, investment recommendations, or a solicitation to buy or sell any asset. Crypto assets are highly volatile and data may be inaccurate or delayed; always consult a qualified financial advisor before making investment decisions.