Bitcoin Rises One Spot in Global Asset Market Cap Ranking, but Social Sentiment Index Hits Near Four-Year Low

Odaily News According to 8MarketCap data, Bitcoin has slightly risen by one spot in the global asset market cap ranking, now positioned at fourteenth. Its current market cap has reached $1.36 trillion, with a 24-hour increase of 3.29%. Separately, citing Santiment data in a post on platform X, crypto analyst Ali noted that Bitcoin's social sentiment index has hit a nearly four-year low, indicating that retail investor panic has peaked. From a technical perspective, Bitcoin is approaching its 200-week moving average (currently around $58,000), a level that has served as a bear market bottom and accumulation zone multiple times over the past 12 years.