Home > Quick > Body

Santiment: Bullish sentiment in the market after Bitcoin hit a low early this morning

clock
2024-10-11 04:50:01
On October 11, crypto market research firm Santiment posted on social media that Bitcoin hit $58,900 early this morning, hitting a three-week low. But market data shows that traders see this decline as an opportunity to buy dips, and the narrative turns bullish. In addition, the US CPI data is also in line with expectations, and the market still believes that interest rates will be cut by 25 basis points in November.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.