• Crypto market sentiment reached its lowest level since February.
• Discussions describing crypto as dead have surged sharply.
• Similar sentiment spikes previously appeared before market rebounds.

The crypto market sentiment has fallen to its most pessimistic level since mid-February, according to new data from Santiment. Social discussions increasingly connect Bitcoin, altcoins, and cryptocurrency with words such as “dead,” “finished,” “gone,” and “over.” The shift reflects growing caution among traders as market conditions remain volatile.

Crypto Market Sentiment Reflects Rising Investor Pessimism

Santiment reported that conversations describing crypto as finished have reached their highest levels in months. The increase…