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Crypto Market Sentiment Drops Further, Ethereum Out of Positive Zone


Crypto market sentiment score (sentscore) has taken yet another, this time much larger step away from the positive zone, dropping back into the 4-5 range. As crypto market sentiment analysis tool Omenics shows, the combined moving 7-day average sentscore for the top 10 coins dropped from 5.48...

Crypto Market Sentiment Drops; Only Bitcoin and Ether in Positive Zone


Along with a drop in price, market sentiment score (sentscore) has moved away from the positive zone it had gotten very close to last week. According to crypto market sentiment analysis tool Omenics, the combined moving 7-day average sentscore for the top 10 coins dropped from 7.87 back to 5.48...

Cardano (ADA) Drops After Reclaiming Yearly High Yet Appears Bullish


Cardano, at the time of penning down, was trading at $0.0701, and on the 2-day chart, it was holding a bearish divergence after plummeting from the yearly height. It was just at the onset of the month when ADA coin restored around yearly highs above $0.090 and eventually retains complete support...

Bitcoin Drops Below USD 10,000, Erases 24 Hour Gains in Minutes


After staying above USD 10,000 for around half a day, bitcoin (BTC) dropped below this important level once again, in 10 minutes erasing all its gains in the past 24 hours. At pixel time (15:07 UTC), BTC trades at USD 9,557 and is unchanged in a day. The price is still up by 8% in a week and 14%...

Bitcoin Mining Difficulty Drops More Than Estimated


Starting today, mining Bitcoin (BTC) has become easier than in the end of April. On Wednesday morning (UTC time), BTC mining difficulty, a measure showing how hard it is to compete for mining rewards, dropped by 6%, to 15.14 T, while a week ago, some analysts estimated a c. 2% drop. In April...

Crypto Market Sentiment Drops Again; Bitcoin Still in the Positive Zone


Source: iStock/da-kuk Crypto market sentiment went for a dive in the first week after the Bitcoin (BTC) halving event on May 11. Crypto market sentiment analysis service Omenics shows that the combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins dropped from last...

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