Crypto Fear & Greed Dips to 49; Neutral Sentiment Persists in Consolidation

As of May 13, 2026, CoinMarketCap’s Crypto Fear & Greed Index dipped three points to 49, holding firmly in neutral territory amid market consolidation. The index started at 40 on May 1, rose to 45 by May 2, dropped back to 45 on May 4 after Bitcoin's 3% weekly decline, Ethereum's 2.5% drop, $200M spot Bitcoin ETF outflows, and SSR at 3.2. It reached 50 on May 5—the first neutral since January—with total market cap at $2.66T despite $11.8B Binance stablecoin outflows; readings fluctuated 47-52 as Bitcoin ranged $80K-$81K. Altcoin Season Index hit 48 before falling to 49, signaling balanced performance.