Misleading crypto narratives continue, driven by ‘sensationalist’ sentiment
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 that inaccurate narratives continue to circulate in the cryptocurrency market, largely driven by distorted information rather than being supported by onchain data.
“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:
