Santiment: 'Black Monday' mentions hit record as markets dodge selloff
- —"Black Monday" was mentioned 176 times on Oct. 18 vs under 2 a day before
- —Posts about a market crash reached 105 mentions the same day
- —Discussion peaked between 21:00 and 03:00 MSK ahead of US futures open
- —Bitcoin topped $83,000 on Monday and traded around $82,500
Why it matters: The surge in social-media fear did not translate into a selloff, with markets opening higher and easing panic risk.
Source: Uzmancoin