Divergence in Crypto Sentiment Pits a Bullish XRP Against BTC and ETH
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- Bitcoin and Ethereum sentiment drops amid price dips and lower trading volumes.
- XRP sentiment rises after judge blocks Ripple-SEC $50M settlement despite price fall.
- XRP trading volume spikes 20% amid increased market activity despite 4.29% price drop.
A noticeable shift is happening in the social sentiment toward major cryptocurrencies. Fresh data from the analytics firm Santiment shows that while optimism around Bitcoin (BTC) and Ethereum (ETH) has recently cooled, bullish commentary for XRP has surged, driven by recent events in the Ripple-SEC legal case.
Bitcoin and Ethereum, the market’s two largest assets, have both seen a clear decline in positive sentiment across social media platforms since late May. According to Santiment, their sentiment ratios, which measure positive against negative commentary, have tren…
The post Divergence in Crypto Sentiment Pits a Bullish XRP Against BTC and ETH appeared first on Coin Edition.
7h ago•
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