Crypto Market Enters 'Extreme Greed' with Index at 81
The cryptocurrency market has reached 'extreme greed' for the first time since late 2024, as indicated by the Crypto Fear and Greed Index, which hit 81 late Sunday and remains there today. This marks a significant shift from a year spent in 'fear' territory. A month ago, the index was at 36, indicating 'fear,' and a week ago it was at 41, barely neutral. The 45-point increase in 30 days reflects a rapid sentiment change, the fastest recorded between these extremes since tracking began. Alternative.me's index also shows a shift to 'greed,' though not extreme. The sentiment change aligns with Bitcoin's performance, which gained approximately 24% in a week, contrasting with slower growth in the broader crypto market. This shift was triggered by the U.S. Treasury's announcement to double long-bond buybacks from 2 billion to 4 billion per operation starting September 9, weakening the dollar and driving investors towards Bitcoin as an inflation hedge. As Bitcoin surpassed 70000, a short squeeze liquidated over 4 billion in crypto shorts within two to three days, leading to significant inflows into Bitcoin ETFs, which recorded their largest single-day inflows since May, with Ethereum and Bitcoin ETFs together attracting around 2.3 billion in assets.
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Bitcoin +25%, Gold at 3-Month High: Why They're Suddenly Buying the Same Fear
Bitcoin broke $80,000 on August 25. Gold hit a three-month high the same week. Two assets that almost never move for the same reason are suddenly telling the same story — and it's called the debasement trade.

Trade.xyz: A Twelve-Person Team Disrupts Wall Street, Submits Proposal to SEC

Kalshi Raises $1.12 Billion: Predictive Markets Financing Heading Towards IPO in 2027

Decline in Crypto Loans: How Is It Different from 2022? – BitPlanet

Mr&强|买美股上 WEEX Focuses on Axis and Kaito Collaboration Activities

Sense Bank Dismisses Financial Monitoring Director and Appoints New Supervisory Board Member

Wall Street Morning Briefing: Middle East Tensions Ease and AI Rebound Boosts U.S. Stocks, Can Nvidia Break the Earnings Drop Curse?

Why the CyberLeek Token Existed Three Days Before the GTA 6 Leak Video

Bitcoin payments fade at El Salvador’s Bitcoin Beach

Tornado Cash Co-founder Roman Storm's Retrial Postponed to April 2027, Court to Examine 'Is Code a Crime?'

Renowned VC a16z: The 'Innovation Methodology' of the Past 75 Years Has Been Completely Rewritten by AI

WEEX Telegram Mini App Launch: Get Up to $1,500 in BTC Rewards + Win an iPhone 17 Pro

Kevin Warsh at Jackson Hole: Why His First Fed Speech Matters So Much for Bitcoin

USDC Supply Increases by $2 Billion in Seven Days, Stablecoin Trading Volume Surpasses USDT for the First Time

Wall Street Dialogues: Can Scott Bessent Tame Bonds While Suffocating Iran?

Major Client Unveils on Earnings Day|Rewire News Morning Briefing

What’s Happening at OpenAI with Executive Departures?

Important News from Last Night and This Morning (August 25 - August 26)

Jackson Hole Speech Preview: Is the Fed Looking for Reasons to Raise Rates?

Darline Graham wins Republican primary to succeed her brother Lindsey Graham

Phantom's plan to drop Sui exposes the hidden power wallet interfaces hold over user funds

The Twilight of Native Crypto

Cybersecurity Events: USB Worm Targets Crypto Wallets, Apple Closes Hole in Beats Studio Buds

Andrew Kang's Shareholder Letter: Robotics Investment Reaches a Turning Point, Private Valuations Still Severely Lagging

SMEs: The Government Launched the RIMI Six Months After Its Approval in Congress

Debt: The Treasury will offer securities maturing before the elections to renew about $12.6 trillion

SQD adds validated onchain data to Google Cloud BigQuery

Term Finance closes Meta Vaults after estimated $8.5M attack

CryptoQuant's Risk for Bitcoin: Ki Young Ju Identifies the Main Threat to Bitcoin

Judicial Investigation Agency Raids Properties of Alias 'Gato's' Children in Costa Rica Case Expansion
Bitcoin +25%, Gold at 3-Month High: Why They're Suddenly Buying the Same Fear
Bitcoin broke $80,000 on August 25. Gold hit a three-month high the same week. Two assets that almost never move for the same reason are suddenly telling the same story — and it's called the debasement trade.
