Anthropic launched a new employee-funded PAC as it fights the Pentagon in 
court and expands AI infrastructure plans.

Anthropic PAC launch lands amid Pentagon fight and AI expansion

Bitcoin is entering the new week under a cloud of doubt, with social sentiment 
tilting to fear just as price action continues to stall below $66,800. Data 
from Santiment shows a noticeable change in crowd behavior, hinting that the 
market’s mood may be reaching an inflection point. Sentiment extremes have 
often corresponded with turning points in previous cycles, but the current 
backdrop of price action is somewhat confusing. Related Reading: XRP Eyes 
$8.30 Target As Rare Chart Pattern Emerges From Prolonged Decline FUD Returns 
With Bitcoin Stalling At $66,800 On-chain analytics platform Santiment pointed 
out a notable change in crowd psychology on Saturday, reporting that bearish 
discussions across X, Reddit, Telegram, and other major platforms have 
increased to their highest ratio relative to bullish commentary since February 
28th. Bitcoin was trading at $66,800 at the time of the data snapshot, within 
what Santiment&#8217;s sentiment model designates as the FUD Zone. This is a 
threshold where negative commentary structurally overwhelms positive 
discourse. The ratio stood at just 0.81 bullish comments for every 1.00 
bearish comment, marking the most pessimistic social reading in five weeks. A 
review of Santiment&#8217;s chart shows the spread between bullish and bearish 
commentary widening materially through the final days of March and into the 
first weekend of April. Bitcoin Sentiment Chart. Source: @santimentfeed On X 
Santiment attributed the deteriorating sentiment in part to an extended period 
of stagnancy across the broader cryptocurrency market throughout 2026, a year 
that has so far frustrated bulls who anticipated a reversal of 2025&#8217;s year-end 
bearish momentum. Bitcoin spent much of the first quarter trading bearish, and 
the lack of a meaningful breakout appears to be wearing on retail 
participants. Furthermore, Bitcoin ended Q1 2026 with a negative 22.1% close. 
Peak FUD Could Be The Setup Bulls Are Waiting For This sentiment deterioration 
has been characterized by the Bitcoin price action relatively compressed below 
$70,000, with repeated attempts to reclaim higher levels in late March and 
early April being met with rejection. However, the very depth of current 
pessimism is being read by Santiment as a constructive signal. The firm&#8217;s 
commentary leaned contrarian, noting that markets have historically tended to 
move in the opposite direction of prevailing crowd expectations. According to 
the on-chain analytics platform, a high level of FUD like this is a good sign 
that things can turn positive sooner rather than later. There are also 
external uncertainties playing a role in how the sentiment surrounding Bitcoin 
has turned out. Geopolitical tensions and regulatory discussions, including 
those surrounding the proposed CLARITY Act, are causing hesitation among 
participants. Related Reading: Standard Chartered Sees Bitcoin Exploding To 
$500K By 2030 These factors are feeding into the broader what-if environment, 
and they are limiting the ability of Bitcoin&#8217;s investors to keep their 
optimism. At the time of writing, Bitcoin is trading at $66,650, down by 0.5% 
in the past 24 hours. Featured image from Unsplash, chart from TradingView

Bitcoin Sentiment Hits 5-Week Fear Level – Is A Reversal Coming?

Token supply is rising faster than value creation, leaving most crypto assets 
below peak prices and weakening price-fundamental links.

Token supply surge leaves most crypto assets underwater

A surge in token supply is diluting returns and breaking the link between 
fundamentals and price, raising concerns about crypto’s long-term model.

Crypto faces ‘existential’ token problem as supply outpaces value creation

The Bitcoin bear market is now six months in and showing no signs of letting 
up. During this time, a cycle low of $60,000 was established, preceding the 
present consolidation action being seen. However, bearish sentiments remain at 
heightened levels, especially considering the disturbed geopolitical landscape 
of the past month. While there have been encouraging signs of ongoing 
institutional accumulation, there are still expectations of a market bottom, 
which would confirm a bullish trend reversal. Related Reading: Bitcoin Price 
Breakdown To $45,000: The Levels To Watch Out For Next Steps Bitcoin &#8216;Ultimate 
Support&#8217; Lies At $47,960 &#8211; Analyst In an X post on April 4, renowned analyst 
Ali Martinez shares a critical insight on the Bitcoin market structure, 
predicting the macro bottom amid an enduring corrective phase. This analysis 
is based on the Cumulative Value Days Destroyed (CVDD), an on-chain metric 
used to estimate Bitcoin’s long-term price floor by measuring the cumulative 
value of “Coin Days Destroyed” over time. For context, Coin Days Destroyed 
measures how long coins were held before being spent, with older coins having 
more coin days destroyed upon any on-chain movement. The cumulative value of 
the CDD, when adjusted, creates the CVDD that tracks the price level at which 
long-term holders are likely to distribute their coins, thus forming a macro 
market bottom. The importance of token distribution by long-term holders comes 
from the ownership change with new participants, injecting fresh capital. A 
macro bottom is presumed to be formed at this level because it represents a 
new cost basis, which the new holders are likely to defend, transforming it 
into a key support level. According to Martinez, the present CVDD price floor 
is at $47,960, which the analyst recognizes as the ultimate support zone. 
Notably. Bitcoin trades at $66,683, indicating there is still significant room 
for a downside despite the price dip since the bear market commenced in 
October 2025. If Bitcoin dips to the CVDD floor, historical data shows 
consistent proof of a major rebound. Considering this pattern, Martinez refers 
to this price level ($47,960) as the structural foundation of the Bitcoin 
market. Related Reading: XRP Has Never Been This Quiet On Binance. Discover If 
The Silence Is A Warning or a Setup Bitcoin Price Overview At the time of 
writing, Bitcoin trades at $67,279 after a slight increase of 0.69% in the 
past day and 0.72% in the past week. The maiden cryptocurrency has experienced 
a cumulative devaluation of 46.7% in this bear market, bringing its total cap 
to around $1.34 trillion. However, Bitcoin’s influence in the crypto ecosystem 
remains strong with a market dominance of 58.1%. Featured image from iStock, 
chart from Tradingview

Cryptocurrency price in GBP