Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH. *Index constituents that don't trade against USD are modified by our other indexes to convert them into a USD value. For instance, LEO does not trade against USD/USDC/TUSD anywhere, so we are multiplying the LEO/USDT price by our USDT index and the LEO/BTC price by our BTC index. Cryptocoins ranked by 24hr trading volume, price info, charts, market cap and news.
Index btcIndex Calculation – FTX Exchange
See below for further information on our data sources. Each data point is valued the same as the day before in order to visualize a meaningful progress in sentiment change of the crypto market.
First of all, the current index is for bitcoin only we offer separate indices for large alt coins soon , because a big part of it is the volatility of the coin price.
We argue that an unusual rise in volatility is a sign of a fearful market. There, we gather and count posts on various hashtags for each coin publicly, we show only those for Bitcoin and check how fast and how many interactions they receive in certain time frames.
A unusual high interaction rate results in a grown public interest in the coin and in our eyes, corresponds to a greedy market behaviour. Together with strawpoll. You can see some recent results here. The dominance of a coin resembles the market cap share of the whole crypto market. Especially for Bitcoin, we think that a rise in Bitcoin dominance is caused by a fear of and thus a reduction of too speculative alt-coin investments, since Bitcoin is becoming more and more the safe haven of crypto.
On the other side, when Bitcoin dominance shrinks, people are getting more greedy by investing in more risky alt-coins, dreaming of their chance in next big bull run. We pull Google Trends data for various Bitcoin related search queries and crunch those numbers, especially the change of search volumes as well as recommended other currently popular searches.
This makes it easy to create widgets for any topic or content. We have created a widget for the Fear and Greed Index, so you can always keep track of the current market situation. To use the widget you need to first install the free Scriptable app from scriptable.
The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions. Historical Values Now.
Next Update The next update will happen in:. Why Measure Fear and Greed? There are two simple assumptions: Extreme fear can be a sign that investors are too worried. That could be a buying opportunity. These are measures of historical volatility based on past Bitcoin prices. When the Bitcoin options market matures, it will be possible to calculate Bitcoin's implied volatility , which is in many ways a better measure.
For comparison, the volatility of gold averages around 1. The chart above shows the volatility of gold and several other currencies against the US Dollar. Series marked with an asterisk are not directly comparable to series not so marked because fiat currency markets are closed on weekends and holidays, and therefore some price changes reflect multiple-day changes.
Such multi-day changes in price are excluded from analysis, and therefore, the and day metrics for these series use fewer than 30 and 60 data points.
They are presented for entertainment purposes only. Yes, we have pages for Litecoin Volatility and Ethereum Volatility. Bitcoin has a reputation for being a highly volatile and speculative asset, but the digital currency has shown remarkable signs of stability of late.
In fact, Bitcoin volatility hit a month low in early October as the cryptocurrency traded in a tight range. While some experts believed that this was a sign of the cryptocurrency maturing, there were some who were of the opinion that this was the lull before the storm.
Now, it is likely that such a move is a result of several short-term events. Additionally, the recent sell-off in tech stocks could be spilling over into the crypto markets and disrupting the recent period of stability witnessed by the cryptocurrency. This new ecosystem will be known as Bakkt and it plans to make Bitcoin and other cryptocurrencies accepted and trusted globally. The involvement of a name such as the Intercontinental Exchange will be a big deal for Bitcoin as demand for the cryptocurrency from institutional investors will increase.
In fact, Bakkt will also be backed by Microsoft and Starbucks, among others. On expiry of the contracts, investors will receive Bitcoin instead of cash, which is unlike the futures that the CME and the CBOE offer and settle in cash.
Bakkt has applied for approval from the U. Commodity Trading Futures Commission it will start offering the futures contract as soon as it receives approval. Starbucks, on the other hand, will expand payment options for its customers through Bitcoin. It is believed that Starbucks will allow customers to convert their cryptocurrencies such as Bitcoin into fiat money to make payment at its locations, boosting Bitcoin adoption in the process.
In all, Bakkt is looking to serve a wide range of stakeholders in the cryptocurrency space that include retail investors, institutional investors, and merchants. By getting CFTC approval, Bakkt will bring a level of regulation to Bitcoin that will encourage participation of big institutional investors.