BTC $63,650.61 -0.17%
ETH $1,890.27 +0.10%
BNB $611.80 -0.39%
XRP $1.01 -0.93%
SOL $76.06 -0.30%
TRX $0.3355 +0.42%
DOGE $0.0702 -2.55%
ADA $0.1833 -2.07%
BCH $214.73 +0.71%
LINK $8.74 +0.31%
HYPE $56.62 +3.85%
AAVE $88.23 -1.71%
SUI $0.6877 -0.51%
XLM $0.1612 -0.51%
ZEC $493.51 +2.34%
BTC $63,650.61 -0.17%
ETH $1,890.27 +0.10%
BNB $611.80 -0.39%
XRP $1.01 -0.93%
SOL $76.06 -0.30%
TRX $0.3355 +0.42%
DOGE $0.0702 -2.55%
ADA $0.1833 -2.07%
BCH $214.73 +0.71%
LINK $8.74 +0.31%
HYPE $56.62 +3.85%
AAVE $88.23 -1.71%
SUI $0.6877 -0.51%
XLM $0.1612 -0.51%
ZEC $493.51 +2.34%

Santiment: The recent drop in Bitcoin is a buying opportunity, with the narrative turning bullish

2024-10-11 12:50:06

ChainCatcher message, the cryptocurrency market research firm Santiment posted on social media that Bitcoin reached $58,900 early this morning, marking the lowest point in three weeks. However, market data shows that traders view this decline as a buying opportunity, with the narrative turning bullish. Additionally, the U.S. CPI data met expectations, and the market still anticipates a 25 basis point rate cut in November.

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