Santiment: Bitcoin returns to "FOMO (Fear of Missing Out) zone" after breaking $70,000.

CoinFeed reported on March 11th, citing Cointelegraph, that market intelligence platform Santiment stated that social media sentiment has turned optimistic as Bitcoin rebounded above $70,000. US President Trump's comments about a possible swift end to the war with Iran boosted market sentiment and drove Bitcoin's rise. Santiment noted that discussions on platforms like X, Reddit, and Telegram show that people are encouraged by Trump's remarks, and oil prices have also reversed course. Analysts pointed out that Bitcoin has shown strong resilience amid geopolitical shocks; institutions like Strategy bought nearly 18,000 Bitcoins last week and bought again this week, and Bitcoin's holding above its February lows are all positive factors. Despite the positive trend in social media discussion, the crypto fear and greed index remains at 15, in the "extreme fear" range.