YouTube encrypted content viewership has fallen to its lowest level since January 2021.
TL;DR
YouTube crypto content viewership has hit its lowest point since January 2021, with data showing a sharp decline over three months. Social attention is at bear market levels, driven by institutions, while Bitcoin sentiment improves but hinges on the $90,000 price for retail positivity.
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According to Odaily, viewership of crypto content on YouTube has fallen to its lowest level since January 2021. Data shared by Benjamin Cowen, founder of ITC Crypto, shows a significant drop in views for this type of video over the past three months. YouTube content creator Tom Crown stated that social attention is at bear market levels, with retail investors taking a backseat during this period, and the market being primarily driven by institutions. Furthermore, Santiment pointed out that Bitcoin's social sentiment is gradually improving, but the key for retail investors to maintain positive sentiment lies in the $90,000 price level.