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Search results for Feb. 5

Crypto

Crypto investor sentiment swings into \'extreme greed\' for first time in two years

Cryptocurrency market sentiment moved into the “extreme greed” zone for the first time since 2024. The CoinMarketCap Crypto Fear and Greed Index stood at 81, after being 36 a month earlier and 41 a week ago. It also rebounded sharply from a low of 5 on Feb. 5. Bitcoin rose about 21 percent in a week, with traders citing a U.S. Treasury plan to double long-dated bond buybacks, large short liquidations and strong spot ETF inflows.

Crypto

Bitcoin jump of more than 22 percent pushes market into \'extreme greed\' after 616 days

A sharp rise in bitcoin has pushed sentiment in the cryptocurrency market into the \'extreme greed\' zone for the first time in 616 days. The crypto fear and greed index rose to 81, while bitcoin gained more than 22 percent over seven days. Some gauges still label sentiment as greed rather than extreme greed. The rally followed a U.S. Treasury plan to expand long-term bond buybacks and was amplified by short liquidations. Rapid gains, higher funding costs and whale profit-taking are cited as overheating signals.

Crypto

XRP trading volume surges 1,300 percent, uptrend continues

XRP recorded a daily trading volume of $15.4 billion on Aug. 22, the highest this year, with volume about 1,300 percent above August’s average. The broader crypto market also recovered, and XRP rose 53 percent last week, its strongest weekly gain since November 2024. The volume surge did not translate into a large daily close, and the next day price rose more as volume fell. XRP then slipped on Aug. 24 but remained up nearly 40 percent in August.