Social chatter around bitcoin has turned sharply negative after the token slid to its lowest level since Nov. 21, a setup Santiment says often appears near capitulation, even if near term trading stays messy.
Bitcoin ‘fear’ sentiment hits a 2026 high as price downtrends toward $80,000
Social chatter around bitcoin has turned sharply negative after the token slid to its lowest level since Nov. 21, a setup Santiment says often appears near capitulation, even if near term trading stays messy.
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The central debate has shifted from whether bitcoin can survive to if it can function as a sovereign reserve asset, as critics assess it by institutional standards.
The average realized price of 2024 buyers in bitcoin was $65,901.
The Fed chair spoke Friday with markets in full blown panic following the Trump tariff announcement.
The sell-off might have to do with the convertible note pricing, while some speculated that it's a sign of investor disapproval of the bitcoin acquisition plans.