Crypto's Ranging Creates Polarization for Traders: Santiment Biweekly Report
Depending on who you ask, 2022's crypto-wide price slide has either been an anomaly for optimistic traders, or a sign of just the beginning of 2020's & 2021's euphoric bubble popping. As Bitcoin and Ethereum continue to try to find their footing after their respective November all-time highs, altcoins are the ones who have been really feeling the pain.
There have been bright spots, such as March's rally where Bitcoin clawed back to $48k, Ethereum back to $3,600, and prices surged after the "war" dip was quickly scooped up by traders for big profits. But the momentum was temporary, and April has been a repeat of January and February thus far, with BTC back to $40,000 and ETH to $3,000.
Price & Social Data Screener
The vast majority of crypto assets have dropped for a second straight week here in