Crypto Market Sentiment Drops
Despite barely clinging to the positive zone last Monday, crypto market sentiment has taken a hit over the past week. Compared to last week’s 6.02, the average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is 5.47 today, according to data provided by the market sentiment analysis service Omenics.
Crypto.com coin (CRO), is the week’s winner as it remained almost unchanged. The highest losses are seen by XRP and cardano (ADA), the sentscores of which fell over 15%. But other drops are notable too. Polkadot (DOT)’s sentscore fell 10%, while bitcoin (BTC)’s and ethereum (ETH)’s are down almost 10%. Binance coin (BNB) decreased 8%, tether (USDT) 7%, while USD coin (USDC) and litecoin fell over 4%.
It’s no wonder
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