Bitcoin

Coin

<ul class="news-points"> 
 <li><strong>Social media mentions for “buy the dip” reached a new 4-month high after the market crash, according to Santiment.</strong></li> 
 <li><strong>XRP suffered the most after its price dropped by more than 12% over the past day.</strong></li> 
 <li><strong>TRX escaped relatively unscathed after its price only slipped by 2.52%.</strong></li> 
</ul> 
<p>“Buy the Dip” discussion rates have reached its highest level in 4 months, according to a post shared by the market intelligence firm Santiment. Following a week of downward movement in the value of altcoins, <a href="https://coinedition.com/tag/bitcoin-btc-news/" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> has also experienced a significant drop in value, causing a widespread decline across the entire cryptocurrency market.</p> 
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c9.png" alt="📉" class="wp-smiley" style="height: 1em; max-height: 1em;"> After <a href="https://twitter.com/hashtag/altcoins?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#altcoins</a> spent the past week bleeding, <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> finally had its own implosion… and took all of <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#crypto</a> down with it. Prices are rebounding slightly, but this dip was enough for the crowd to call for <a href="https://twitter.com/hashtag/buythedip?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#buythedip</a> at the highest level since April. <a href="https://t.co/SwBU58tnqr" target="_blank" rel="noopener noreferrer nofollow">https://t.co/SwBU58tnqr</a> <a href="https://t.co/O65Hs0w8VM" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/O65Hs0w8VM</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1692312935627145338?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 17, 2023</a> 
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<p>After the market started taking a turn for the worst and <a href="https://coinedition.com/bitcoin-btc-price-prediction/" rel="noopener noreferrer nofollow">BTC’s price</a> fell below $26.6k, Santiment data indicated that social media mentions of “buy the dip” or “buy dips” reached its highest poin…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/buy-the-dip-social-media-discussions-reached-new-4-month-high/">‘Buy the Dip’ Social Media Discussions Reached New 4-Month High</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

‘Buy the Dip’ Social Media Discussions Reached New 4-Month High

Coin Edition

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