PANews January 12 News, according to Cointelegraph, after a sharp decline in the past three months, the viewership of cryptocurrency-related content on YouTube has dropped to its lowest level since January 2021. On Sunday, ITC Crypto founder Benjamin Cowen shared the 30-day average viewership data for multiple cryptocurrency YouTube channels, highlighting this decline. When discussing the similar downturn in engagement across various cryptocurrency channels on X platform, he stated: “So, this is not just an issue with X platform and algorithm adjustments.”
However, on-chain analytics platform Santiment said on Friday that social sentiment for Bitcoin is “obviously becoming more positive, although it hasn’t fully bottomed out yet, but at least there are signs of slight improvement.” The platform added that the $90,000 price level is crucial for retail investors to maintain a positive outlook. Meanwhile, the platform also noted that social sentiment for Ethereum “seems to be more dispersed, and no consistent trend has emerged yet.”
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Cryptocurrency-related content views on YouTube drop to the lowest since January 2021
PANews January 12 News, according to Cointelegraph, after a sharp decline in the past three months, the viewership of cryptocurrency-related content on YouTube has dropped to its lowest level since January 2021. On Sunday, ITC Crypto founder Benjamin Cowen shared the 30-day average viewership data for multiple cryptocurrency YouTube channels, highlighting this decline. When discussing the similar downturn in engagement across various cryptocurrency channels on X platform, he stated: “So, this is not just an issue with X platform and algorithm adjustments.” However, on-chain analytics platform Santiment said on Friday that social sentiment for Bitcoin is “obviously becoming more positive, although it hasn’t fully bottomed out yet, but at least there are signs of slight improvement.” The platform added that the $90,000 price level is crucial for retail investors to maintain a positive outlook. Meanwhile, the platform also noted that social sentiment for Ethereum “seems to be more dispersed, and no consistent trend has emerged yet.”