Data shows sentiment around Bitcoin among social media users has turned negative following the recent decline in the cryptocurrency’s price. Bitcoin Positive/Negative Sentiment Has Dropped Recently In a new post on X, analytics firm Santiment has discussed the latest trend in the Positive/Negative Sentiment for Bitcoin. This metric tells us whether the majority of social media comments aimed at a given asset are positive or negative. Related Reading: Solana Fails Channel Breakout—$78 Support The Next Destination? The indicator works by putting posts/messages/threads containing mentions of the cryptocurrency on the major social media platforms through a machine-learning model to separate between bullish and bearish comments. It then counts up the number of posts falling in each category and takes their ratio to determine the net situation. Now, here is the chart shared by Santiment that shows the trend in the Bitcoin Positive/Negative Sentiment over the past month: As displayed in the a
Research firm K33 Research says the bitcoin bear market of 2026 is structurally different from previous cycles, with the February low near $60,000 likely representing the deepest pullback this downturn will produce. Bitcoin’s Downside Capped at $60K In a research note published this week, K33’s head of research, Vetle Lunde, argued that the conditions defining […]
Trump Media-linked Truth Social Bitcoin ETF, B.T. has asked the US Securities and Exchange Commission to withdraw its spot Bitcoin ETF registration, ending, at least for now, one of the more politically visible attempts to enter the already crowded US Bitcoin fund market. The withdrawal request, dated May 19, 2026, was addressed to the SEC’s […]
While XRP attempts to hold a crucial area, some analysts have pointed to key indicators that could dictate whether the recent pullback is temporary or marks the start of a deeper correction. Related Reading: Bitcoin Rally On The Line: Analyst Explains Why This Weekly Close Is Critical XRP Rally Faces Critical Resistance On Tuesday, XRP continued its recent decline, falling to the $1.35 area, its lowest level since late April. The cryptocurrency has been trading between $1.36 and $1.50 over the past month, attempting to break out of the upper boundary on multiple occasions. Last Thursday, the altcoin rallied above this key resistance on the CLARITY Act progress, reaching a two-month high of $1.54. However, the price was quickly rejected from this level, tracing roughly 12% over the past five days. As the altcoin retested the $1.35 area, market observer ChartNerd stated that XRP risks another price correction toward new lows, affirming that “the data speaks for itself.” The analyst highl
The withdrawal of crypto ETF plans by Truth Social may signal shifting strategies or regulatory challenges in the evolving digital asset market.
The post Trump’s Truth Social files to scrap Bitcoin, Ether and blue chip ETF plans appeared first on Crypto Briefing.
On-chain analytics firm Glassnode has revealed how the typical altcoin investor has generally been realizing losses since late 2024. Median SOPR In The Altcoin Sector Has Been Stuck Below 1 In a new post on X, Glassnode has talked about the latest trend in the median SOPR for the altcoin market. The “SOPR,” which stands […]
Solana failed to settle above $92 and corrected most gains. SOL price is now consolidating losses above $84 and might attempt another increase. SOL price started a fresh decline below $90 and $88 against the US Dollar. The price is now trading below $87 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $85 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $84.00 or $82.50. Solana Price Dips From $94 Solana price failed to remain stable above $92 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $90 and $88 levels. The bears even pushed the price toward $83. A low was formed at $83.35, and the price is now consolidating losses. The price is still showing bearish signs below the 23.6% Fib retracement level of the downward move from the $93.63 swing high to the $83.35 low. Solana is now trading near $85 and the 100-hourly simpl