Bitcoin sentiment has turned sharply bearish as the US midterm elections add uncertainty to crypto markets. Santiment data shows negative Bitcoin commentary nearly doubled positive discussions, with the ratio falling to 0.51 from 1.8 in just two weeks.

Google Trends data also points to a sharp drop in public interest in Bitcoin and the wider crypto market.Bitcoin Bullish Sentiment Falls From 1.8 to 0.51

According to Santiment, Bitcoin’s positive-to-negative social sentiment ratio has fallen to 0.51, meaning negative comments are nearly twice as high as positive ones.

This marks a sharp shift from October 20, when the ratio stood at 1.8, with positive comments significantly outnumbering negative ones as Bitcoin traded above $85,000.