Santiment: The surge in discussions about the Fed's interest rate may pose a dangerous signal for the crypto market. PANews reported on August 24 that Santiment stated in a report on Saturday that discussions on social media surrounding the highly anticipated Fed's September interest rate decision have surged, which may be a warning signal for Crypto Assets. "Historically, a surge in discussions around a single bullish narrative may indicate that the market is overly optimistic and could signal a local top," Santiment said. The number of mentions of keywords related to the Fed and interest rate cuts on social media has reached its highest level in 11 months.
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Santiment: The surge in discussions about the Fed's interest rate may pose a dangerous signal for the crypto market. PANews reported on August 24 that Santiment stated in a report on Saturday that discussions on social media surrounding the highly anticipated Fed's September interest rate decision have surged, which may be a warning signal for Crypto Assets. "Historically, a surge in discussions around a single bullish narrative may indicate that the market is overly optimistic and could signal a local top," Santiment said. The number of mentions of keywords related to the Fed and interest rate cuts on social media has reached its highest level in 11 months.