Crypto fear and greed index rises to 29 as market remains in fear territory

The cryptocurrency fear and greed index rose to 29 on Aug. 13 from 27 a day earlier, indicating that market fear eased slightly but remained firmly in fear territory. The latest reading came from Alternative's sentiment gauge, which tracks a 0-100 scale using factors including volatility, trading volume, social media activity, market surveys, Bitcoin's share of the broader market and Google search trends. Earlier topic data had cited a reading of 28 from Coinglass, alongside 7-day and 30-day average readings of 29 and 27, pointing to similarly subdued sentiment.

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