Bitcoin's social dominance index has reached a four-month high, indicating potential market shifts. According to Santiment, Bitcoin now accounts for 36.4% of crypto-related social media discussions, the highest since July 13. This increase in social focus comes amid a significant price drop, with Bitcoin trading at around $95,300, down over 10% in the past week. The Fear & Greed Index has also plummeted to 10, reflecting extreme fear among investors, a level not seen since February and the 2022 bear market.
Bitcoin Social Dominance Peaks as Market Faces Volatility
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