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Santiment: The surge in discussions about the Fed's interest rate may pose a danger signal for the crypto market.
PANews, August 24th news, according to a report by Cointelegraph, Santiment stated in a report on Saturday that discussions on social media have surged around the highly anticipated Fed's September interest rate decision, which could be a warning signal for crypto assets. "Historically, a surge in discussions around a single bullish narrative may indicate that the market is overly optimistic and could signal a local peak," Santiment stated. The mention of keywords related to the Fed and interest rate cuts on social media has soared to the highest level in 11 months.