Crypto Market Cap Reclaims $3 Trillion as Leverage Surges

The total cryptocurrency market capitalization has surpassed $3 trillion for the first time since January 2026, driven by Bitcoin's recent gains. Open interest in perpetual futures contracts has climbed to nearly $160 billion, reaching its highest level since late October 2025. Additionally, the Fear & Greed Index has risen to 78, signaling 'extreme greed.' Market growth has been bolstered by over $740 billion in value added since August 19, following the U.S. Treasury's announcement to expand long-term bond buyback operations.