Bitcoin Hits Two-Week High But Crypto Sentiment Remains Fragile
Market Intelligence Analysis
AI-PoweredBitcoin has reached a two-week high, but the crypto market remains fragile and sentiment is cautious, with a significant loss of market value since October.
Market impact analysis based on neutral sentiment with 71% confidence.
Article Context
The digital-assets market remains on shaky ground after a bruising selloff that began in early October, just days after Bitcoin hit a record of over $126,000. Since then, more than $1 trillion in crypto market value has been wiped out. “We don’t see a ton of buyers on the top side,” said Sean McNulty, APAC derivatives trading lead at FalconX.
Analysis and insights provided by AnalystMarkets AI.