Crypto Market Flips From Fear to ‘Extreme Greed’ for First Time Since 2024

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The Crypto Fear and Greed Index hit 81 (extreme greed), its highest reading since late 2024, on Coinmarketcap. The index jumped from 36 (fear) a month ago and 41 (neutral) a week ago to 81, a 45-point climb in 30 days. The year’s low was 5 on February 5, in extreme fear. Bitcoin’s rally above $70,000 triggered liquidations exceeding $4 billion over two to three days, while Bitcoin and Ethereum ETFs together attracted roughly $2.3 billion in inflows. This move follows the U.S. Treasury’s decision to double its long-bond buybacks to $4 billion per operation starting September 9, weakening the dollar and nudging investors toward bitcoin as an inflation hedge.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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