The cryptocurrency market has entered “extreme greed” territory for the first time since late 2024, according to the Crypto Fear and Greed Index.

The index, measured on Coinmarketcap, hit 81 late Sunday evening and remains there today, breaking above the green zone that starts at 80—the threshold the index reserves for panicked buying and frothy conviction. It’s a remarkable turnaround for a market that has spent the last year deep in “fear” territory, with occasional trips to “neutral” at best.

The speed of the move is especially noteworthy. A month ago the same gauge sat at 36—squarely in “fear.” A week ago it was 41, barely neutral….