Crypto sentiment surges from 27 to 74 in less than two weeks

The Crypto Fear & Greed Index, a gauge of digital-asset market sentiment, rose from 27, classified as fear, on Aug. 12 to 74, classified as greed, on Tuesday before easing to 65 on Wednesday. The index had last reached that level on Oct. 5, 2025, five days before the October 10 crash that resulted in about $19 billion of leveraged positions being liquidated. Bitcoin advanced from below $68,000 last week to nearly $80,000, while some major tokens gained as much as 70%. Dogecoin rose about 24% over the week, and smaller meme coins posted larger increases, including 131% for Thinking Cat, 113% for Cash Cat and nearly 100% for Dog (Bitcoin).

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