Crypto Fear and Greed Index Hits Highest Level Since Pre-Crash October 2025
The Crypto Fear and Greed Index jumped from 27 on August 12 to 74 on Tuesday, before easing to 65 on Wednesday, marking its highest level since October 5, 2025, five days before the Oct. 10 crash that triggered about $19 billion in leveraged liquidations.
Bitcoin rose from below $68,000 last week to nearly $80,000, while some major tokens gained as much as 70%. Dogecoin climbed about 24% for the week, and smaller meme coins posted larger gains, including Thinking Cat up 131%, Cash Cat up 113%, and Dog (Bitcoin) nearly doubling. Analysts said the move into thinly traded smaller tokens signals a return of risk appetite, but may also indicate overheating and the risk of a pullback. The next test is Kevin Warsh’s first keynote speech as Fed chair on Friday in Jackson Hole.