Singlent: The mood of traders in crypto fell to the pandemic – Bits Media

Analysts studying the behavior of crypto investors of Santiment note, that the mood of traders collapsed to a negative level, which was noted in March 2020 of the year.

“In combination with a drop in cryptocurrency prices and growing fears about the situation with Binance and Coinbase The mood of traders are officially at the lowest level since then, How pandemia Covid-19 brought down markets ", - Analysts write.

Then, In the spring of 2020, The digital assets market collapsed due to coronavirus, And the Bitcoin exchange rate in two weeks fell from $ 9,000 to $5200.

Santiment specialists are based on their observations on the ratio of positive and negative comments, as well as the number of publications related to cryptocurrencies on social networks. Usually, When the moods are positive, Prices reach their maximums, and when moods become excessively negative, Prices are lowered to minimums, Analysts write.

Bitcoin lost a little more over the past seven days 3,5% value, Rowing to $1 000. All week of the session of growth and falls alternated. Most of the week the price changed within the semi -percent. Sunday morning, 18 june, The cost of the world's first cryptocurrency is about $26400.

Court prosecution of the US Securities and Exchange Commission (SEC) Birge Binance and Coinbase, where the regulator accuses the site of placing and selling unregistered securities, excited the markets. Both exchanges lost less than a week about $4 billion, They say Nansen and Glassnode data.