Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Analytics provider Santiment data shows in a recent report that despite high volatility in crypto markets, Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and other assets remain key discussion topics across social media.
What Happened: In a post on X on Wednesday, the firm highlighted that Bitcoin remains the dominant subject, with traders dissecting its price action, institutional flows and market positioning.
Conversations continue to debate Bitcoin’s reserves, dominance and its role in broader financial markets.
Don’t Miss:
Meanwhile, a meme coin called Dogelon Mars (CRYPTO: ELON) has gained traction due to ongoing speculation about Elon Musk‘s potential involvement.
Some discussions revolve around Musk’s ties to Dogecoin (CRYPTO: DOGE) and how regulatory scrutiny of his interactions with blockchain technology could impact the sector.
Ethereum is trending largely due to institutional accumulation, particularly from BlackRock, which has made significant ETH purchases.
This has boosted bullish sentiment as traders speculate on Ethereum’s price outlook and growing adoption.
Trending: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?
Another notable mention is Ledger AI (CRYPTO: LEDGER), which has sparked conversations about cryptocurrency security and private key management.
This comes as concerns about the XRP Ledger’s temporary block production halt raise broader questions about network stability.
Tether (CRYPTO: USDT) remains a focal point in social media discussions, as traders debate its role in profit-taking strategies and crypto liquidity movements.
FTX Token (CRYPTO: FTT) has also resurfaced in discussions following news that creditors with claims under $50,000 will begin receiving repayments on Feb. 18.
Many speculate that a portion of these funds could be reinvested into crypto, potentially fueling further market momentum.
What’s Next: Santiment analysts predict that while crypto market caps could surge, it may take weeks or months before the full bullish impact materializes.
Whale accumulation trends indicate that larger investors are continuing to buy the dip, with 135 new wallets holding over 100 BTC added in February.