Bitcoin Bull Run: Sentiment Soars to 7-Month High Near $112,000

Retail investor sentiment towards Bitcoin has shifted decisively bullish, reaching its highest point since November 2024, according to data from Santiment. This optimism is fueled by the surge in price, which has been flirting with its all-time high of $112,000. πŸ“ˆ The ratio of positive to negative BTC-related comments on social media platforms has reached an impressive 2.1:1, marking the most favorable sentiment since President Trump’s election victory seven months ago. πŸ‡ΊπŸ‡Έ Bitcoin’s price currently stands at $109,744. Traders are closely watching for a breakout above this previous record.