From Short To Euphoria: 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 news. Just three weeks ago, however, negative sentiment was recently at all-time lows, and shorts were climbing. But in a flash, sentiment has rapidly turned and already reached euphoria. What does this sharp and sudden sentiment shift […]
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ZCash (ZEC) has been one of the highlight performers in the cryptocurrency market over the past few months. Although the general digital asset market has faltered in recent weeks, the privacy-focused cryptocurrency has continued to ascend to new price highs. While the large-cap assets have been waxing and waning in terms of market value, the price of ZCash has been on a tear in the past week, breaking into the list of the top-20 largest cryptocurrencies in the sector. Now, the latest on-chain data suggests that euphoria is setting in the ZEC market. ZCash Puell Multiple Hits New All-Time....
Since the crypto market shifted towards positive territory, Bitcoin, the largest digital asset, has maintained a bullish stance during this period, igniting hopes of a continued bull market phase. Following the renewed upward trend, several factors of BTC’s market dynamics are beginning to see positive results, such as the overall supply in profit. Market Euphoria […]
Crypto euphoria gets a reality check as bitcoin and ether tumble, though XRP is still trading well as SEC-inflicted damage proves limited.
Bitcoin’s market is experiencing a surge in positive sentiment, with enthusiasm from crypto enthusiasts reaching a new height as the largest digital asset undergoes a brief price recovery, raising the possibilities for more price growth in the short and long term. Bitcoin’s Positive Market Sentiment On The Rise In a recent data report from Santiment, […]
Today is the day everyone in crypto has been waiting for: popular Bitcoin exchange Coinbase has been publicly listed on the stock market for the first time ever. The entire industry is buzzing, still euphoric from the months of nothing but green candles. However, the euphoria could be blinding market participants to the fact that […]