
Bitcoin (BTC) investor sentiment up to August 4, 2025
Bitcoin's market sentiment was
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in June 2022, as is shown in the development of the cryptocurrency's NVT ratio. The Network Value to Transactions or NVT ratio is comparable to a P/E ratio, in that it compares the number of transactions of a particular coin on a set day against that coin's market cap. A low NVT ratio means that that transaction volume of a cryptocurrency is growing faster than the coin's market cap - meaning investor sentiment is bullish, or optimistic - whereas a high ratio refers to a network that has a relatively high network value but low network activity - meaning sentiment is bearish, or negative.Log in or register to access precise data.