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Crypto

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The crypto market sentiment continues its improvement with its score now standing at 5.48 – up from last week’s 5.1, according to Omenics (previously – Predicoin,) a crypto market sentiment analysis service. Most coins saw a rise in their respective scores and all remain in the neutral zone, while two are in the positive range: Bitcoin and Ethereum.

Looking at the top 10 cryptocurrencies by market capitalization, Bitcoin is still reigning at the top of the list again with a score of 7.1, even if down from last week’s 7.3, and it is joined in the positive zone by Ethereum with its Sentscore of 6.3 – a significant rise from last week’s 5.3. Cardano has the lowest score of 4.4, followed by XRP with 4.8.

Sentiment change among the top 10 coins*:
Interpreting the SentScore’s scale:
– 0 to 2.5: very negative
– 2 to 4: somewhat negative zone
– 4 to 6: Neutral zone
– 6 to 7.5: somewhat positive zone
– 7.5 to 10: very positive

Source: Omenics, 13:00 UTC

Speaking of change over the course of the week, six coins saw a rise in their scores, these being: Ethereum, XRP, EOS, Binance Coin, Tether, and Stellar. The winner in this category, however, is Ethereum with the improvement of 11.3%, followed by Stellar and its 9.9%. Ethereum’s news, buzz, and fundamental are very strong, standing at 7.8, 6.2, and 6 respectively. It’s social at 4.9/10 and technical at 4.7 are somewhat weaker though. Stellar’s strongest aspect is news at 6.2, but its weakest is fundamental at only 3.7.

Bitcoin SentScore:

Source: Omenics

When it comes to the coins the scores of which have declines this week, these are: Bitcoin, Bitcoin Cash, Litecoin, and Cardano. However, the largest drop was seen in Litecon’s score, with -5.8%. While its news is very strong at 7.7/10,

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