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Bitcoin's global asset market cap ranking rises by 1 position, but social sentiment index hits a four-year low
Odaily Planet Daily News: 8MarketCap data shows that Bitcoin has slightly risen in the global asset market cap ranking, now ranking 14th, with a current market cap of $1.36 trillion, up 3.29% over the past 24 hours. Additionally, crypto analyst Ali posted on X platform citing Santiment data that Bitcoin’s social sentiment index has reached a near 4-year low, indicating retail panic has peaked. On the technical side, Bitcoin is approaching the 200-week moving average (currently at $58,000), which has historically served as a bottom and accumulation zone during bear markets over the past 12 years.