How Social Media Affects Volatility in Crypto Markets
Cryptocurrency and social media are both products of technological revolutions, and they’re inextricably linked in the 2020s. Indeed, the ups and downs of crypto coin prices will sometimes depend on the ever-changing sentiment on social platforms like X (formerly known as Twitter) and YouTube.
To be sure, it’s not a phenomenon that’s limited to blockchain-based assets. Stock prices, for example, can certainly fly or plunge in the wake of a social media trend or even a single text…
