BIG NEWS 👁️👁️
Bitcoin Slips, But Sentiment for Altcoins Remains Strong: Traders Eye $ADA, $XRP, and $ETH
According to the latest analysis from on-chain analytics firm Santiment, trader sentiment remains quite bullish towards many top market cap cryptoassets, likely due to the recent excitement around the SEC approving Bitcoin futures ETFs. Santiment noted particularly high optimism towards Ethereum and XRP at the moment.
“As the weekend has kicked off, sentiment toward top cap assets remain at extremely optimistic levels with spotlights on them following the #ETF approvals. Traders are particularly #bullish toward #Ethereum after its market value climbed above $2,700 for the first time since May, 2022. There is also a notable #bull bias toward #Bitcoin and #XRPNetwork. While traders are discussing the possibility of $ETH or $XRP#ETFApproval possibilities, #Cardano is overlooked compared to its normal level of trader optimism.” noted Santiment
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