Santiment: Bullish sentiment emerged in the market after Bitcoin hit a low point early this morning
October 11 news, cryptocurrency market research institution Santiment posted on social media that Bitcoin touched $58,900 in the early morning today, marking a three-week low.
However, market data shows that traders believe this decline is an opportunity to buy at a low point and the narrative has turned bullish. In addition, U.S. CPI data also met expectations and the market still expects a 25 basis point rate cut in November.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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