‘Uptober’ mentions on social media plummet amid crypto rout

https://cointelegraph.com/news/uptober-mentions-plummet-traders-turn-bearish-crypto

8 Comments

  1. coinfeeds-bot on

    tldr; Mentions of ‘Uptober,’ a term used to describe bullish crypto sentiment in October, have significantly decreased as crypto markets face a downturn. Onchain analytics provider Santiment reported a decline in ‘Uptober’ mentions, with social media shifting to terms like ‘Selltober’ and ‘Octobear.’ Despite historical trends of October being bullish for Bitcoin, the market has seen a decline of around $200 billion since the start of the month. Analysts suggest that sell-offs and large token unlocks are contributing to the downturn.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. Social media comments are bot dominated. No need to make any assumption based on such data.