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Market Sentiment Improves as Bitcoin & Ethereum Moves Further into Positive Zone
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Sentiment across major coins in the crypto market continued to improve over the past week, after also seeing a strengthening last week, according to data from the market sentiment analysis service Omenics.
The 7-day moving average of the sentscore for ten major cryptoassets tracked by Omenics for the past week stood at 5.41, up from 5.16 last Monday and 4.85 the week before that. The increase this week comes as a result of a stronger 7-day average sentscore for nearly all of the top 10 coins tracked by Omenics, with bitcoin (BTC) and ethereum (ETH) rising by 0.3 and 0.2 points, respectively, compared with last week.
With a 7-day average sentscore of 6.4 for BTC and 6.2 for ETH, both of these coins are now within the zone that Omenics calls
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