CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
CryptoIntelligence 2024-07-29 10:02:00

Bitcoin Sentiment Soars to 16-Month High Amid Price Rally and Trump’s Crypto Vision

Bitcoin‘s recent price surge has significantly improved trader sentiment, reaching levels not seen in 16 months. According to data tracking social media mentions, there’s been a notable shift towards more positive comments about Bitcoin. “Bitcoin’s +20% 3-week price rally has left traders feeling a whole lot more bullish than they were at the beginning of the month,” stated Santiment in a July 27 X post. At that time, Bitcoin was trading at $67,708, up 6.22% since July 25, according to CoinMarketCap. Santiment highlighted that its weighted sentiment index, which measures Bitcoin mentions on X and the ratio of positive to

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.