Tag: Sentiment

Santiment contributor Brian has analyzed the impact of US interest rate hikes on the cryptocurrency market, noting traders' sensitivity to Federal Open Market Committee (FOMC) meetings. He highlighted that the Federal Reserve's aggressive tightening cycle in 2022, raising rates from 0.25% in March to 4.50% by December in response to ...

Bitcoin has entered its seventh consecutive week of decline, currently trading around 78,000 naira, according to a March 11 report by market intelligence platform Santiment. The report noted that the downturn followed a profit-taking spree by major stakeholders on February 19, which triggered a sharp price drop. It also highlighted ...