Bitcoin · Federal Reserve (FED) · CoinDesk
Crypto greed gauge hits highest since just before October’s $19 billion wipeout
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
★ Tier-1 Source
Crypto traders have swung from fear to greed in less than a fortnight.
Key facts
- The widely watched Crypto Fear & Greed Index, computed by software provider Alternative.me, reached 74 on Tuesday, up from 27 on Aug. 12, before easing to 65 on Wednesday
- Smaller memecoins have run far harder, with Thinking Cat up 131% over seven days, Cash Cat 113% and Dog (Bitcoin) close to doubling
- The next test comes Friday, when Federal Reserve Chair Kevin Warsh delivers his first Jackson Hole keynote as chair
- The gauge scores market mood from zero to 100 by blending bitcoin's volatility and trading momentum, which carry most of the weight, with social media activity, bitcoin's share of total crypto value
Summary
The Crypto Fear & Greed Index surged from 27 on Aug. 12 to 74 on Tuesday before easing to 65, signaling a rapid shift from fear to greed. Bitcoin approached $80,000 as the rally spread to major tokens and thinly traded memecoins, reflecting renewed risk appetite but raising the prospect of a sharp reversal. The market’s next test comes Friday, when Federal Reserve Chair Kevin Warsh delivers his first Jackson Hole keynote as chair. The widely watched Crypto Fear & Greed Index, computed by software provider Alternative.me, reached 74 on Tuesday, up from 27 on Aug. 12, before easing to 65 on Wednesday.