Bitcoin Sentiment Surges Amid Positive Macroeconomic Factors, Says Standard Chartered Expert

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Bitcoin Sentiment Surges Amid Positive Macroeconomic Factors, Says Standard Chartered Expert Recent macroeconomic developments have given Bitcoin a much-needed boost, with sentiment around the leading cryptocurrency turning significantly bullish, according to Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered.

As the sentiment surrounding Bitcoin improves, more investors are likely to enter the market, driving demand for the asset.

According to Kendrick, Bitcoin sentiment has surged to a notable 83 on a scale from 0 to 100, reflecting increased optimism among investors.

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Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Latest News Bitcoin Sentiment

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-25 @ 12:43:28 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 849 words

Reading Time: 5 minutes read

Sentences: 44 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22706556

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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Headquarters: India

News Last Updated: 9 hours ago

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