Bitcoin Traders Turn Bearish as Santiment Drops to 0.51 Over US Election Result

Bitcoin sentiment has flipped sharply negative as US midterm election uncertainty weighs on crypto markets, with Santiment’s commentary ratio dropping to 0.51 from 1.8 in two weeks as bearish Bitcoin discussion nearly doubled bullish chatter. Google Trends data shows a parallel slump in public interest in Bitcoin and the broader crypto market. The shift matters because it signals fragile trader confidence heading into a major macro catalyst, with positioning and liquidity likely to stay defensive until the election outcome is clear.