Bitcoin Hits $38,000 as Democratic Win Boosts Stimulus Sentiment
Bitcoin rallied continued during the European session Thursday as traders ignored Washington’s political unrest to focus instead on
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Sentiment
Overwhelming bullish sentiment once again proves costly
According to data collected from 1000+ crypto social media channels, the average crowd sentiment towards Bitcoin adapted from slightly bullish to overwhelmingly bullish over the days leading up to Thursday’s dramatic pullback, mirroring the levels previously observed during its May and August price tops, respectively. The latest findings by Santiment, published
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Data Says Bitcoin Market Sentiment Is Rapidly Changing
Bitcoin price this week surged over $1,000 in a single day on the heels of positive PayPal support
Read MoreBitcoin market sentiment and fundamentals still favor BTC price bulls
Bitcoin price has seen a healthy upward tick toward the $13,000 mark in the fourth quarter. At the start of the quarter, Bitcoin (BTC) was in the sub-$11,000 region, and from there, constant rises took the price to the $13,000 mark on Oct. 21 for the first time this year.The
Read MoreEthereum’s on-chain activity surges and bullish sentiment spikes
The latest findings by Santiment, published in Cryptox Consulting’s biweekly newsletter, indicates that discussions around Ethereum have switched from highly bearish to predominantly bullish. Historically, this hasn’t meant good news for the token's price.Ethereum’s on-chain activity, measured by unique daily addresses, has rebounded from its nose dive at the end
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Crashing Sentiment Surrounding Ethereum Points to an Imminent Move Higher
Ethereum’s price action has been rather lackluster as of late, which has been the unfortunate result of its
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Bitcoin’s (BTC) Social Sentiment on Twitter is at a 2-Year Low
Quick take:Bitcoin’s weighted social sentiment on Twitter is sitting at a 2 year lowBTC’s recent pullback is one reason many have turned bearish on BitcoinHowever, such negative sentiment usually precedes a rally as was witnessed with the Coronavirus crash of mid-MarchThe month of September started on a rough note for
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Bitcoin Briefly Slips Below $10K on Downbeat SPX Sentiment; $9.6K Next?
Bitcoin briefly lost its balance near the $10,000-support on Tuesday as traders remained jittery about its recent fall
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Peter Schiff Doubles Down on Sentiment That Bitcoin Is a “Pyramid Scheme”
Despite a decade-long track record and growing adoption as a medium of exchange and store of value, Bitcoin is still seen as a pyramid scheme by some. One such individual that still sees the leading cryptocurrency in that light is Peter Schiff, the chief executive of Euro Pacific Capital and a
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Institutional Market Sentiment Data is Now Available to Anyone
Estonian exchange, CoinMetro, has chosen to make their crypto sentiment analysis tool available to common users. This is the same tool that is used professionally by crypto hedge funds.Although the tool appears rather simplistic, CoinMetro CEO Kevin Murcko told Cryptox that the key here is that regular traders get access
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