Crypto Market Sentiment Index Shifts to Neutral for First Time Since October Crash

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The Crypto Fear and Greed Index, a key gauge of market sentiment tracked by CoinMarketCap, moved into “neutral” territory on Sunday. This marks its first reading outside of “fear” since October, indicating a potential stabilization in investor outlook.

The index now sits at a score of 40, suggesting that the pervasive fear has subsided, though bullish conviction has not yet returned. This represents a significant recovery from November 2025, when the index hit a yearly low of 10, signaling “extreme fear” among market participants.

The downturn in sentiment originated with a historic market crash in October, which abruptly ended a crypto bull run. The price of Bitcoin had just reached an all-time high above $125,000 on Coinbase before plummeting approximately 35% to around $80,000.

The altcoin market experienced even steeper declines, with many tokens losing most of their value overnight. The total market capitalization for altcoins, excluding both Bitcoin and Ethereum, fell by an estimated 33% in a single day.