๐ฐ Bitcoin Sentiment Crashes as Bull Score Index Drops to 10 โ BTC, ETH, and XRP Face Pressure Amid Rate Cut Speculation and Global Tariffs
๐ง Market Snapshot
Itโs been a stormy week for crypto markets.
Bitcoin, Ethereum, and XRP are under renewed pressure as geopolitical tension and economic uncertainty spook investors. Tariff announcements and shifting U.S. Federal Reserve policies have reignited volatility across traditional and digital assets.
๐ฅ Bitcoin’s Bullish Energy Fades
After briefly reclaiming the $87,000 level, Bitcoin is back in the red.
๐ BTC has dropped 5.7% in the past 24 hours, bringing its price well below its recent highs.
๐ It now trades 24.7% below its all-time high of $109,000 from January.
๐ Most alarmingly, the Bitcoin Bull Score Index โ a sentiment gauge โ has sunk to 10, reflecting a sharp decline in bullish conviction.
Analysts are watching closely, as the sentiment collapse may signal a further downside unless macroeconomic data or institutional buying flips the trend.
๐๏ธ Fed Rate Cuts Incoming?
Markets are pricing in four Fed rate cuts in 2025, expected in June, July, September, and December. Typically, this would support risk-on assets like crypto, but Bitcoin’s recent performance suggests the market needs more than just a dovish monetary policy to regain confidence.
๐ Global Tariffs Stir Risk-Off Sentiment
President Trump’s new import tariffs have sent shockwaves across global markets. Crypto joined equities in the red, with BTC, ETH, and XRP all posting sharp declines as investors braced for broader economic impacts.
๐ Investor Behavior: Flight to Safety
Exchange inflows are rising โ a classic sign that traders are preparing to sell. With the U.S. non-farm payroll report on the horizon, any economic weakness could intensify rate cut expectations or deepen bearish sentiment.
๐ฎ Analysts on Whatโs Next
Some bold predictions remain on the table: ETH to $9,000, XRP to $12.
But many experts agree โ crypto needs a new narrative, not just macro tailwinds. Organic adoption, institutional momentum, or a fresh bullish trigger will be critical for the next leg up.
๐งญ Your Takeaway
๐ Bitcoinโs slide and collapsing sentiment show a market craving direction.
๐ Fed policy, global economics, and investor psychology are all in play.
๐ Stay cautious โ but stay alert. Opportunity often hides in the fog.
๐ง Reader’s Tip:
Looking to hedge your risk or buy the dip? Track sentiment metrics like the Bull Score Index and exchange inflows. Smart money moves when emotion spikes.