The metric couldn't reach such high levels even during the January and May runs. Bitcoin’s price went on a tear in the past few days, surging to its highest level since mid-May of just under $80,000 after being stuck below $65,000 for weeks and weeks. Naturally, this has changed the overall market sentiment, with on-chain data showing that investor greed is back to levels last seen right around the October 10 massacre. Greed Is Back A lot can change in the cryptocurrency markets in days. Bitcoin was struggling below $65,000 until Wednesday, and there were no clear indications of a potential breakout, especially in the magnitude of what occurred. After all, each attempt was halted before that, and it spent the last month and a half trading sideways between $62,000 and $65,000. However, then came the monetary changes in the US announced by the Treasury Department, and investors went all in. Bitcoin reacted with an immediate surge that drove it higher by $15,000 in approximately 48 hours to a three-month peak of almost $80,000. Such explosive moves tend to shift the overall market sentiment. This is particularly evident in the Fear and Greed Index, a metric used to determine the curre...
Bitcoin’s Rally to $80K Sends Investor Greed to Highest Level Since the October 2025 Crash
2 hours ago
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