FX Guys

Will ๐—ฆ๐—˜๐—– Reject ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป ๐—˜๐—ง๐—™๐˜€ ๐—ถ๐—ป ๐—๐—ฎ๐—ป๐˜‚๐—ฎ๐—ฟ๐˜†? โ€”Market Sentiment Index Provides Clues

ย Key Insights:

  • Bitcoinโ€™s (BTC) price fell nearly 10% on Wednesday, Jan 3 after a panic selloff set off massive liquidations in the derivatives markets.ย 
  • The panic selloff triggered a speculative research note suggesting that the SEC might reject the ongoing ETF applications.ย 
  • Bitcoin Bitcoin-weighted sentiment index provides clues into the dominant expectations among crypto investors, following Wednesdayโ€™s sell-off.ย 

Bitcoinโ€™s (BTC) price fell nearly 10% on Wednesday, Jan 3 following a panic selloff triggered by a a speculative research note suggesting that the SEC might reject the ongoing ETF applications. The latest market Sentiment Index readings provide clues on the dominant expectations among crypto investors, following Wednesdayโ€™s sell-off.ย โ€ฆ
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