Santiment: Bitcoin faces'persistent FUD 'on social media platform X

According to Santiment data, Bitcoin faced "sustained FUD" on social media platform X during the sideways trading at the $65,000 mark. Such sustained FUD levels are rare due to traders' constant capitulation. In addition, its weighted sentiment index (a measure of Bitcoin mentions on X and comparing the proportion of positive and negative comments) has been negative since May 23.
It is reported that FUD represents fear, uncertainty, and doubt.