The Crypto Fear and Greed Index, which measures market sentiment for Bitcoin and other cryptocurrencies, hit its highest level of “greed” in nearly seven months as Bitcoin crossed $81,000.
The index notched a score of 78 out of 100 — in the “Extreme Greed” zone, the highest it’s been since April 12 — when Bitcoin was trading around $70,000 and the 2024 halving event was fast approaching.
Bullish sentiment has been fueled by Trump’s victory and a larger representation of pro-crypto politicians winning seats in the US Senate and House of Representatives for the 2025-2029 term.
After continuously climbing for the past week, on the morning of November 11, BTC officially reached an all-time high of $81,697, with a market capitalization hitting $1.61 trillion.
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