The analytics firm Santiment has revealed which of Bitcoin and Ethereum the social media users are more optimistic toward right now.
Social Media Sentiment Currently Favors Ethereum Over Bitcoin
In a new post on X, Santiment has discussed about the latest trend in the “ Positive/Negative Sentiment ” for Bitcoin and Ethereum. The indicator tells us, as its name suggests, how the positive and negative sentiments toward a given asset currently compare on the major social media platforms.
The metric determines this by putting social media posts/messages/threads containing unique mentions of the cryptocurrency through a machine-learning model that separates between bullish and bearish posts. It counts up the number of each and calculates their ratio.
When the value of the indicator is g