Regulatory Sentiment Analysis

Advertisement

This type of sentiment can trump any and all other sentiment types. That’s because what regulators say is the law.

If sentiment changes firmly in the eyes of a regulatory entity, then this sentiment is certain to extend into cryptocurrency price action. 

In mid-2019, after Facebook’s Libra project was announced, negative regulatory sentiment caused Bitcoin price to collapse, and altcoins to reach bear market lows.

When regulators claim an asset is deemed not a security, and therefore safer as an investment, these assets typically perform even more strongly.

Win up to $1,000,000 in One Spin at CryptoSlots

Related Posts

Premium Partners

Play Finance

Sportsbooks