Crypto Market Enters Extreme Greed Zone as BTC Surges

MGR Online•Economy•13h ago

Reader Briefing

The CoinMarketCap Fear and Greed Index hit 81 on August 24, signaling extreme greed in the crypto market following a 24% rise in Bitcoin prices.

•CoinMarketCap's Fear and Greed Index reached 81 on August 24, the first 'Extreme Greed' state since late 2024.
•Bitcoin price increased by approximately 24% within one week, briefly exceeding 80,000 dollars on August 25.
•The total crypto market value was approximately 2.67 trillion dollars on Monday, August 24.
•US Treasury's plan to increase long-term treasury bond buybacks starting in September contributed to Bitcoin's price surge.

•CoinMarketCap's Fear and Greed Index rose to 81 on August 24, increasing 40 points in 7 days and 45 points in one month.
•Bitcoin price surged approximately 24% in one week and surpassed 80,000 dollars on August 25 before adjusting to around 79,000 dollars.
•The total crypto market value on August 24 was approximately 2.67 trillion dollars, with Bitcoin accounting for nearly 60% of this value.
•On February 5, 2026, the CoinMarketCap index dropped to 5, which was the lowest level of 2026 and indicated Extreme Fear.
•The US Treasury announced an increase in the maximum buyback limit for long-term treasury bonds from 2,000 million dollars to at least 4,000 million dollars per round starting in September.
•The market interpreted the US Treasury's action as a signal of easier financial conditions, which benefited risk assets like Bitcoin.
•Alternative.me's index remains at the 'Greed' level, approximately 6 points below its own 'Extreme Greed' threshold.
•CoinMarketCap and Alternative.me both warned that high investor greed may be a signal that the market is overheated and faces correction risks.

Full article content is available on the original source.

CoinMarketCapℹ️

An organization that provides a Fear and Greed Index for the crypto market based on price momentum, volatility, and other data.

US Treasury(กระทรวงการคลังสหรัฐฯ)ℹ️

The US government body that announced an increase in the limit for buying back long-term treasury bonds.

Alternative.me

An organization that provides a crypto market sentiment index focusing primarily on Bitcoin data.

Crypto News

An entity that observed the difference between the sentiment indices of Alternative.me and CoinMarketCap.