Crypto sentiment platform Santiment warned that when many people start calling a crypto market bottom, it’s wise to stay skeptical. Crypto market lows are unlikely to form at moments when many analysts and traders are calling for one, according to crypto sentiment platform Santiment. “Be cautious when you see a widespread consensus forming about a…
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Social media mentions of Federal Reserve-related keywords and the anticipated interest rate cut have reached an 11-month high, according to Santiment. The surge in social media chatter around the highly anticipated US Federal Reserve September interest rate decision could be a warning sign for crypto, says sentiment platform Santiment. It comes after the crypto market…
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Bitcoin sentiment shifted from fear to neutral as crypto markets rebounded from their correction, but a Friday Fed speech could create more volatility. Crypto market sentiment has returned to neutral as markets showed signs of recovery on Thursday following a brief dip into the “fear” zone when Bitcoin fell to $112,000 a day earlier. However,…
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Despite Ether finally edging back toward its all-time high of $4,878, chatter on social media shows retail traders remain skeptical and in disbelief, according to Santiment. Social media chatter shows retail traders are in disbelief about Ether’s recent rally and are selling off their holdings to be scooped up by large crypto buyers, says the…
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A minor move for Ethereum has outpaced the border crypto market while exchange balances have declined. Ethereum prices have outperformed the broader crypto market over the past 24 hours in a rare move that resulted in a 12-day high, indicating “mild signs” of a rebound, according to Santiment. “Ethereum has shown mild signs of a…
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