PANews January 12 News, according to Cointelegraph, after a sharp decline in the past three months, the viewership of cryptocurrency-related content on YouTube has dropped to its lowest level since January 2021. On Sunday, ITC Crypto founder Benjamin Cowen shared the 30-day average viewership data for multiple cryptocurrency YouTube channels, highlighting this decline. When discussing the similar downturn in engagement across various cryptocurrency channels on X platform, he stated: “So, this is not just an issue with X platform and algorithm adjustments.”
However, on-chain analytics platform Santiment said on Friday that social sentiment for Bitcoin is “obviously becoming more positive, although it hasn’t fully bottomed out yet, but at least there are signs of slight improvement.” The platform added that the $90,000 price level is crucial for retail investors to maintain a positive outlook. Meanwhile, the platform also noted that social sentiment for Ethereum “seems to be more dispersed, and no consistent trend has emerged yet.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin and the US dollar have a 'symbiotic' relationship: BPI exec
US dollar-pegged stablecoins and Bitcoin (BTC) share a “symbiotic” relationship, mutually benefitting from rising adoption, according to Sam Lyman, head of research at Bitcoin Policy Institute (BPI), a Washington DC-based digital asset advocacy organization.
“Bitcoin is beneficial to the US
Cointelegraph1h ago
Ex-UK Chancellor backs bitcoin as alternative to failing systems
Kwasi Kwarteng, the UK’s former Chancellor of the Exchequer who served just weeks in September 2022, is re-emerging with a new focus on bitcoin, monetary history, and long-term economic thinking.
Reflecting on the infamous mini-budget in an interview with CoinDesk, he was candid about the
CoinDesk2h ago
Solana Holds Key Support as Bitcoin Rally Lifts Crypto Market
Solana's price remained above $80 amid rising Bitcoin values, contributing to a broader crypto market recovery with a capitalization of $2.35 trillion. Institutional demand and easing geopolitical tensions supported this growth, while Solana led in decentralized finance activity, recording significant DEX and stablecoin volumes in March.
CryptoNewsLand2h ago
