Menu Laterale Completo
🇮🇹 ITA 🇬🇧 ENG
× 📱 DOWNLOAD APP OUR SERVICE

🛑CRYPTO MARKET: CAUTIOUS OPTIMISM PERSISTS

🛑CRYPTO MARKET: CAUTIOUS OPTIMISM PERSISTS

Day: 10 | Time: 13:17:20 After 80 days since the Bitcoin halving event, cautious optimism persists among cryptocurrency enthusiasts. Over half of investors in the crypto sector maintain a bullish attitude despite a general market correction that has nullified the initial post-halving gains. According to a recent CoinGecko survey, 49.3% of market participants hold a bullish outlook, while about a quarter take a neutral position, indicative of prevailing uncertainties or a wait-and-see approach towards market trends. Investors and cryptocurrency builders exhibit a bullish attitude, with 54.1% of investors optimistic about the long-term potential of the market and 47.6% of builders maintaining bullish attitudes. Traders, on the other hand, show a divided view, with approximately 39% remaining bullish and 33.5% being bearish. The "spectators" - the less active market observers - are the most bearish group, with 42.4% being pessimistic, surpassing the 28.5% who are optimistic. Currently, the price of BTC hovers around $59,000, marking a 10% decline from the Bitcoin halving. Market sentiment, measured by the crypto fear and greed index, suggests prevalent fear. However, some investors see this as an ideal buying opportunity, believing that market fears often precede recovery and growth.

e73676e3cf9e14808733ea5eab516459d0280101.png

Source: https://cryptonews.net/news/bitcoin/29398874/