Bitcoin and Ethereum sentiment remain ‘slightly bullish’ despite the August dip

2022.08.03 00:29

Bitcoin and Ethereum sentiment remain ‘slightly bullish’ despite the August dip

Bitcoin and Ethereum staged a slight comeback over the past month, surging by an average of 18% in an impressive July rally. While the two large-cap assets recorded a slight dip at the beginning of August, data suggests that crypto traders are still very much bullish.

According to data published on August 2 by crypto analytics platform Santiment, Bitcoin trading at $22,927 recorded a weighted sentiment of 0.25 while Ethereum, with a value of $1,587, registered a weighted sentiment of 0.32.

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