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BREAKING: Sentiment surrounding Bitcoin has deteriorated sharply on social media, reaching its lowest level in five weeks.
According to Santiment, this surge in FUD (fear, uncertainty, and doubt) could act as a contrarian signal and foreshadow a rebound, as BTC remains near $67,100 and the crypto market continues to be gripped by extreme fear.
Santiment stated that the ratio of bullish to bearish comments about Bitcoin fell to 0.81, its lowest level since February 28.