Despite recent drops in the crypto market, which could be attributed to the uncertainty around tariffs, spot bitcoin ETF outflows, and crypto-specific events, investors with a long-term conviction in bitcoin may see this as an opportune time to add further to their overall holdings, says eToro’s Simon Peters.
Calls for altseason are a little quieter as Bitcoin dominance recovered after surging past $100,000 for the first time in history.
Data suggests Bitcoin’s all-time high rally to $93,400 is far from over.
The rise in positive sentiment was skewed heavily by those aged 55 and above, where Bitcoin sentiment increased by 100%.