Crypto Sentiment Turns Bearish Amid Market Drop, Bitcoin Rebounds Above $96K

Quick Summary:

Crypto Market Turns Bearish as Bitcoin Dips to $91,200 The cryptocurrency market saw a sharp decline as Bitcoin (BTC) briefly plunged to $91,200, coinciding with global stock market losses at the start of the week.

According to on-chain analytics platform Santiment, bearish sentiment on social media has reached its highest level in over a year.

Historically, markets tend to move against the crowd, meaning this extreme pessimism could signal a strong buying opportunity.

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Article Details

Author / Journalist: Editor Team

Category: Crypto

Markets: India

Topics: Crypto Sentiment Turns Bearish Crypto sentiment Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-04 @ 05:09:34 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 286 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 25876509

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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News Last Updated: 8 hours ago

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