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Crypto & Bitcoin

Bitcoin, Ethereum and XRP Sentiment Is Collapsing, But There’s a Catch

Reported by Petar Jovanović, CaptainAltcoin

Image: CaptainAltcoin

Crypto sentiment has deteriorated dramatically over the past two months, with Bitcoin and XRP now having more bearish than bullish discussion across social media. Santiment believes that could eventually become a contrarian opportunity. Its latest sentiment data shows Bitcoin at just 0.69 positive comments for every negative one, while XRP is even lower at roughly 0.61. Ethereum is holding up better at around 1.14, but enthusiasm has also dropped substantially from September. The Binance hack accelerated that decline, pushing an already nervous market deeper into fear.

This is an excerpt. The reporting belongs to CaptainAltcoin.

Read the full report on captainaltcoin.com
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