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2022 Proved the Crypto Markets React to News Events: Santiment

Published 2022-12-29, 06:55 a/m
© Reuters.  2022 Proved the Crypto Markets React to News Events: Santiment
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  • Santiment tweeted that the crypto markets have been impacted by this year’s news.
  • Prices will likely increase once FUD around major events eases.
  • All of the top 10 crypto except BNB have seen their prices drop further.

The blockchain analysis firm, Santiment, posted a tweet this morning that sheds some hope for the crypto market as 2022 comes to an end. According to the tweet, “2022 has arguably been the most evidential year of crypto markets being impacted by news events.”

This year has seen several news events impact the traditional finance and crypto markets, and both markets have reacted as expected. Covid, the FTX downfall, Sam Bankman-Fried’s arrest, interest rates and the Russia-Ukraine War are all of the major events that have injected FUD (Fear, Uncertainty and Doubt) into the crypto markets this year.

The post 2022 Proved the Crypto Markets React to News Events: Santiment appeared first on Coin Edition.

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