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Analyzing Bitcoin’s [BTC] unprecedented rally and market reaction
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Bitcoin [BTC] has been on an unprecedented upward trajectory recently, and the entire crypto market has followed suit, or at least to a large extent. Though a price increase is welcome news, restoring investors’ faith is a different matter entirely. These measures reveal traders’ reactions to the press time price movement.
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According to Santiment, the buzz surrounding Bitcoin and other asset prices is yet to translate into an increased activity in the community. The chart showed a disturbing trend; the number of terms expressing negative emotions increased, rapidly closing the gap with positive ones.
<p lang=«en» dir=«ltr» xml:lang=«en»> Read more on ambcrypto.comAbout this in other media
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