According to market intelligence firm Perception, mainstream media coverage of Bitcoin and cryptocurrencies in the second quarter was polarized and sparse, despite Bitcoin reaching an all-time high. A total of 1,116 articles were published by 18 major media outlets, revealing a divided narrative landscape. The report indicated that 31% of articles were positive, 41% neutral, and 28% negative, highlighting a significant divergence in sentiment. Notably, elite financial publications like The Wall Street Journal published only two articles on Bitcoin, while The Financial Times and The New York Times published 11, collectively accounting for just 2% of the total coverage. Perception identified three main narratives: enthusiastic adoption from outlets like Forbes and CNBC, willful blindness from the Journal and Financial Times, and persistent skepticism from traditional media. High-volume financial media filled the gap with extensive coverage, while traditional outlets focused on crime and controversy, leading to significant information asymmetry for investors relying on elite financial media. Read more AI-generated news on: https://app.chaingpt.org/news

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