The blockchain intelligence agency Santiment tweeted yesterday that many merchants and traders had panicked and offered Bitcoin (BTC) over the previous 24 hours. The agency additionally referred to historic knowledge which confirmed that costs within the crypto market have risen when Worry Uncertainty and Doubt (FUD) phrases reminiscent of “promote” and “bearish” emerged.
At press time, the full crypto market cap was down 0.24% and stood at around $1.14 trillion in keeping with CoinMarketCap.