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