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Crypto Market Sentiment Dropped Last Week
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Crypto market sentiment keeps falling, and has done so for the second week in a row now, moving closer towards the score of 5. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets stood at 5.47 last week, but it is at 5.22 today, according to data provided by the market sentiment analysis service Omenics.
All but one coin fell over the past seven days. Tether (USDT) stands as the only green coin, seeing its sentscore rise almost 9% in this time frame.
The others are far from it. The smallest drops are recorded by binance coin (BNB) and the last week’s winner crypto.com coin (CRO), both decreasing by almost 4%. This is followed by ethereum (ETH)’s more than 4%, as well as polkadot (DOT)’s and USD coin
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