Crypto Market Snapshot: Prices, Fear & Greed, Market Sentiment, Dominance & Key Trends
Sapphire Crypto publishes a daily crypto market update (Monday–Friday) highlighting the key metrics and data points you need to stay in touch with the market. Subscribe to have the daily update delivered to your inbox, along with additional insights and cryptocurrency-related articles. The snapshot provides a quick, convenient way to assess changing market conditions without visiting multiple platforms.
The Market Watch gives you all-in-one access to live prices, the Fear & Greed Index, Crypto Bubbles, the Altcoin Season Index, the latest news articles, and other sentiment-related data. All of your favorite crypto metrics in one place! Each edition also includes an article of the day from the Sapphire Crypto archive. Whether you’re an investor or trader, the Market Watch is designed to provide a concise overview of the crypto market in just a few minutes.
As always, we begin with market sentiment: are market participants bullish or bearish? CoinGlass, a cryptocurrency market data and analytics platform, provides the following sentiment data. To create a free account, visit the official CoinGlass website. Experienced traders and market participants can upgrade to a paid membership for access to additional tools and data.
- Very Bullish – 9%
- Bullish – 20%
- Neutral – 21%
- Bearish – 31%
- Very Bearish – 18%
Market sentiment for 3 September is very similar to yesterday’s sentiment, as bullish and bearish sentiment remain largely unchanged. Neutrality has decreased from 21% to 19%. However, not much has changed for the bulls. Overall bullish sentiment is up 1% from 29% to 30%. Bearish sentiment has also increased by 1% from 49% to 50%. It appears that those who were on the fence and have now chosen a side are equally split between bullish and bearish.
The Fear & Greed index measures the emotional state and mood of cryptocurrency investors. Historically, extreme fear is an attractive level to buy, while extreme greed is often a good level to sell and realize profits. However, the index should never be interpreted in isolation, as it is not an absolute mathematical law but a signal to use alongside additional signals, technical analysis, and on-chain data.
Looking at Crypto Bubbles, DASH and ZEC are two of the day’s biggest winners, up 14.4% and 11.9%, respectively. Another notable mention is LIT, up 13.4% for the day. FIL and JUP appear to have surrendered much of their previous gains, with JUP being the biggest loser of the day, down 7.2%. Many leading altcoins are down between 2% and 5% for the day, which is expected after the recent mini rally.
The Altcoin Season Index measures leading altcoins against Bitcoin over a rolling 90-day period. The index ranges from 0 to 100. Regarding individual altcoins, a higher positive reading indicates that market consensus is moving beyond Bitcoin. A negative reading reveals that Bitcoin is dominating the broader crypto market. The Altcoin Season Index is one of the more interesting metrics, as strength against BTC over 90 days is a data point worth considering seriously.
The Altcoin Season Index remains at 50, while SOL and LINK continue to surge in value, as well as against BTC. SOL’s 90-day return is 62.1%, while LINK is up 56.2% over the same period. Altcoins are beginning to respond positively, with ADA being perhaps one of the biggest surprises. The asset is now up 34.4% over 90 days and is outperforming Bitcoin, after being heavily in the red only days ago. An index reading of 50 hasn’t stopped particular altcoins from printing significant gains.
The crypto industry moves and adapts incredibly fast. Stay up to date with the latest developments, news releases, and crypto-related articles shaping the market.
Recent altcoin gains across the broader market inspired today’s archive article. This post from 2021 highlights two altcoin picks that surpassed 300X in returns during that era’s bull market. Enjoy reading: Two Crypto Picks From 2020 That Delivered 300X Gains! Finding hidden gems has become much harder in today’s market, so every tip helps!
Subscribe For Free & Never Miss A Crypto Update
If you enjoyed this article, consider subscribing for free to receive the latest insights on crypto, DePIN, Web3, passive income, and digital assets. With more than a decade of experience in the cryptocurrency industry, I share in-depth research, market analysis, and practical guides designed to help you navigate this rapidly evolving space. Subscribe today and stay connected to the Sapphire Crypto community!
Subscribers also receive carefully selected articles from the Sapphire Crypto archive, resurfaced when renewed market interest, project developments, or emerging opportunities make them relevant again. From earning platforms and useful Web3 tools to exchanges, wallets, hardware, and passive income strategies, each update is chosen to help you discover practical resources, revisit overlooked insights, and identify opportunities worth exploring.
Search The Site & Discover More Crypto Guides
Looking for something specific? Use the search box below to explore hundreds of in-depth articles covering Bitcoin, altcoins, DePIN, DeFi, wallets, exchanges, passive income, trading psychology, and the latest developments shaping the future of crypto and Web3.
