Santiment: Surge in Federal Reserve Interest Rate Discussions May Signal Risk for Cryptocurrency Market

According to a report from Santiment on Saturday, there has been a surge in social media discussions regarding the Federal Reserve's interest rate decision in September, which could be a warning signal for cryptocurrencies. Santiment noted that historically, a surge in discussions about a single macro event may indicate that the market is overly optimistic and could signal the arrival of a local top. The mention of keywords related to the Federal Reserve's interest rate hikes or cuts on social media has soared to the highest level in the past 11 months.