Looks like interest in the market has fluctuated over the last few weeks | Source: Santiment on X
As displayed in the graph, social media users have seen their attention shift multiple times across January. In the first week, the Social Volume was muted for all markets, corresponding to a post-holidays lull.
During the second week, Gold witnessed its Social Volume shoot high as its price reached new all-time highs. Bitcoin rose alongside this surge, but crypto Social Volume still didn’t budge much.
In the third week, however, social media interest in digital assets saw a return as Bitcoin and other tokens retraced. This activity likely corresponded to traders trying to speculate about the bottom.$NVDAB
As displayed in the graph, social media users have seen their attention shift multiple times across January. In the first week, the Social Volume was muted for all markets, corresponding to a post-holidays lull.
During the second week, Gold witnessed its Social Volume shoot high as its price reached new all-time highs. Bitcoin rose alongside this surge, but crypto Social Volume still didn’t budge much.
In the third week, however, social media interest in digital assets saw a return as Bitcoin and other tokens retraced. This activity likely corresponded to traders trying to speculate about the bottom.$NVDAB