'Buy the Dip' Mentions Spike After Bitcoin's Sudden Drop Wednesday

Jan 4, 2024

Social chatter leaned bullish Wednesday after a speculative report about a potential delay in the expected spot bitcoin ETF launch in the U.S. saw the price of bitcoin (BTC) fall. According to blockchain analytics platform Santiment, data shows the number of "Buy The Dip" mentions on social media rose to 323, the highest since March 25, 2022. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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