The total cryptocurrency market capitalization crossed the $3 trillion threshold for the first time since January, driven by bitcoin’s rise. Over $740 billion has been added to the total market value since August 19, when the U.S. Treasury announced it would double the maximum size of its long-term bond buyback operations. Perpetual futures open interest is approaching $160 billion, its highest level since late October 2025. The Fear & Greed Index climbed to 78 out of 100, entering extreme greed territory after gaining eight points in a single day. This combination of high leverage and extreme sentiment signals a market particularly exposed to sharp price movements.
Source: Read the original article
