What Is the Crypto Fear and Greed Index? What the 0 to 100 Score Measures

CFGI's Bitcoin Fear and Greed Index read 40 out of 100, labelled Neutral, on its page last updated Oct. 14, 2026. A crypto fear and greed index scores market sentiment on a 0 to 100 scale, from extreme fear to extreme greed. CoinAnk turns its inputs into a simple meter from 0 to 100, and GoMining describes CoinMarketCap's version on the same scale. Each version rests on different inputs, so a quoted figure needs a publisher, a time window and a date.

Key facts, per CFGI's Bitcoin page

• Daily reading: 40/100, labelled Neutral, on the page last updated Oct. 14, 2026.
• 4-hour reading: 23/100, labelled Fear.
• 730-day range: From 10 (Extreme Fear) to 88 (Extreme Greed).
• Update rate: Every 15 minutes.
• Bands: 0 to 39 is fear or extreme fear. 60 to 100 is greed or extreme greed.

What the 0 to 100 scale measures

CoinAnk describes its meter as running from 0, extreme fear, to 100, extreme greed. The number rests on current sentiment in the Bitcoin market, and the current index covers Bitcoin only. Its stated rationale is that extreme fear can show investors are too worried, which could be a buying opportunity. Extreme greed, it says, can mean the market is due for a correction. These are the two assumptions it states.

Where the bands begin

CFGI says lower scores point to fear, doubt or thin confidence in the Bitcoin market, while higher scores point to greed, confidence or a larger appetite for risk. A score of 0 to 39 signals fear or extreme fear, and 60 to 100 signals greed or extreme greed. Extreme fear is below 25 and extreme greed is above 75. It adds that readings below 25 are where sentiment is most drained, and readings above 75 are where the most risk is carried.

Where CFGI's readings stood on Oct. 14, 2026

CFGI's page, last updated Oct. 14, 2026, gave readings for four timeframes: daily, 4-hour, 1-hour and 15-minute. This article reports the daily and 4-hour ones. The daily view read 40 out of 100, labelled Neutral. The 4-hour view read 23, labelled Fear. The 23 sits below CFGI's extreme-fear line of 25, yet the page labels it Fear, and both are reported as the page gives them. Over the last 730 days, the page says, Bitcoin sentiment ranged from 10 (Extreme Fear) to 88 (Extreme Greed). The index updates every 15 minutes. On one shared axis, the readings, the range ends and the band edges line up.

Three versions, three sets of inputs

CoinAnk weights six components for its Bitcoin-only index. Volatility counts for 25% and market momentum and volume for 25%. Social media and surveys are 15% each, and surveys are currently paused. Dominance and trends are 10% each.

CFGI says each score is built from 10 indicators. Price, volatility and volume come first on its list, followed by impulse and technical analysis. The other five are dominance, social media, search interest, order book pressure and whale movements. A separate explainer covers how a crypto order book works.

GoMining's page describes CoinMarketCap's index, which it abbreviates as CMC, as a proprietary tool for gauging crypto sentiment. It says the score runs from 0 to 100, with lower values for extreme fear and higher values for extreme greed. Five components feed the score. One uses the Volmex implied volatility indices, BVIV and EVIV, which estimate how volatile Bitcoin and Ethereum are expected to be over the next 30 days. Another is the put/call ratio in the options markets for both coins.

What is confirmed and what is not

All three pages describe a 0 to 100 scale with fear at the low end and greed at the high end. That is the point they have in common. Each of the other details comes from one page only: CoinAnk's six weights, CFGI's 10 indicators and bands, and GoMining's five CoinMarketCap components. Only CFGI gives readings, and they are for its own Bitcoin index. No reading is reported here for CoinAnk's index or for the CoinMarketCap version. The pages reviewed give no outside review of any index's accuracy. GoMining is not a CoinMarketCap page, so its account of that method is secondhand.

What a score does not tell you

CFGI calls its index a market sentiment indicator, not a standalone buy or sell signal. It also says the index reads sentiment accurately and predicts price poorly, and that the two are different things. That self-assessment comes from the publisher and has not been independently verified.

Analysis: read the number with its label

Each CFGI reading is tied to a timeframe, and the page carries one last-updated date, Oct. 14, 2026. On that date one CFGI page showed 40 on its daily view and 23 on its 4-hour view, so a bare 'the index is at 40' leaves out which view is meant. CoinAnk frames extreme fear as a possible buying opportunity, while CFGI says its score is not a standalone signal. The pages reviewed give no measured results for either framing.

Limits and where to check

CFGI's figures are live, and its bands, readings and self-assessment are its own. CoinAnk's page carries no date. CFGI updates its figures every 15 minutes. To see the current daily and 4-hour readings and when they were last updated, check its page.

Sources: Crypto Fear & Greed Index-CoinAnk (coinank.com), accessed Oct 14, 2026 · Bitcoin Fear and Greed Index Today: 40 (Neutral) (cfgi.io), accessed Oct 14, 2026 · Crypto Fear and Greed Index from GoMining (gomining.com), accessed Oct 14, 2026

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