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Misleading crypto narratives continue, driven by 'sensationalist' sentiment

Misleading crypto narratives continue, driven by 'sensationalist' sentiment
© Copyright Image: CurrencyCrypt

Narratives in the crypto market often lack onchain validation and are instead driven by overly speculative punters, says a crypto analyst.

A crypto analyst says inaccurate narratives still circulate in the cryptocurrency market, mainly based on skewed information rather than onchain data to back it up.

Beware of misinformation. Despite the data, misleading narratives persist, CryptoQuant contributor Onchained, said in a March 22 market report.

Such claims often lack onchain validation and are driven by sensationalist market sentiment rather than objective analysis, the analyst said, adding:

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The post Misleading crypto narratives continue, driven by 'sensationalist' sentiment first appeared on CurrencyCrypt.

Read more: https://currencycrypt.net/misleading-crypto-narratives-continue-driven-by-sensationalist-sentiment/

Text source: CurrencyCrypt

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