Bitcoin FOMO Spike Fuels Market Volatility: Santiment Analysis

A recent surge in Bitcoin’s price to $108,000 has triggered a wave of retail investor fear-of-missing-out (FOMO), according to insights from the analytics platform Santiment. This surge marks the second largest FOMO spike observed in two months and suggests potential price corrections are on the horizon. Santiment’s analysis focuses on analyzing the behavior of retail traders as a key indicator for market volatility.