Coin Edition -
- Bitcoin dip below $67K sparked surge in buying.
- Second-largest buying increase in two months.
- FOMO, dip-buying, and economic factors influence Bitcoin’s price.
Bitcoin’s second dip below $67,000 this week sparked a frenzy of buying, marking the second-largest surge in crowd interest in two months. Did FOMO or bargain-hunting fuel this buying spree? Or perhaps a mix of both?
According to the data provided by blockchain analysis platform Santiment in an X post, Bitcoin’s price falling below $67,000 resulted in a greed sentiment in the market.