Data from crypto analytics platform Santiment shows that positive discussions across X, Reddit, and Telegram surged after a decline at the start of the week.

This shift is not driven by price action alone—geopolitical developments have played a role as well.

US President Donald Trump stated on Monday that the war with Iran is “almost complete,” temporarily shifting global risk sentiment and contributing to a pullback in oil prices. However, he also warned on Truth Social that if Iran disrupted oil supply, the US would increase military pressure.

Markets often respond more to expectations than to certainty. According to Santiment:

“During periods of uncertainty, investors seek alternative assets. Crypto markets, operating 24/7 globally, often react quickly to such developments.”

Bitcoin Resilience Under Scrutiny

Ryan McMillin, Chief Investment Officer at Australian crypto investment firm Merkle Tree Capital, notes that Bitcoin’s recent strength amid geopolitical risks has bolstered investor confidence.

McMillin highlights several simultaneous positive factors:

• Bitcoin’s resilience to geopolitical shocks

• Continued corporate purchases

• Easing inflation pressures

• Progress toward crypto regulation in the US

He also points out that short positions may be vulnerable:

McMillin believes that particularly for short positions, the market is entering a risky period. A potential short squeeze could push Bitcoin toward the $80,000 range.

Reclaiming $70K Triggers FOMO

According to crypto exchange BTC Markets analyst Rachael Lucas, $70,000 is not just a technical level but also a psychological threshold. Its recovery across social media and trading alerts fuels the fear of missing out.

Lucas emphasizes that multiple factors converging—expectations of easing Iran tensions, sharp oil pullbacks, and progress on stablecoin regulation—have softened macro headwinds and accelerated social sentiment shifts.

Mixed Signals Remain

Despite the optimism on social media, some metrics remain cautious.

The Crypto Fear & Greed Index currently sits at 15, signaling “extreme fear.” Google Trends also shows that Bitcoin-related searches have cooled from their March 5 peak of 100 to around 71.

In other words, attention is growing, but it has not yet reached a peak.

FOMO Cycle in Motion?

FOMO often becomes a self-reinforcing cycle in crypto. Price gains attract social media chatter, new buyers enter, and trading volume rises, fueling further upward movement.

McMillin notes that after five months of declines, Bitcoin had become heavily oversold. The extended correction since the October all-time high of $126,000 set the stage for at least a short-term relief rally.

Lucas adds that on-chain data now shows a healthier picture compared to previous FOMO cycles. Funding rates have reset constructively, and ETF flows are steady, meaning the market is not solely driven by high-leverage retail trades.

Risks Persist

Still, the market is far from risk-free. Geopolitical tensions in the Middle East remain unresolved, and any rebound in oil prices could quickly shift crypto sentiment from FOMO back to FUD.

Bitcoin is currently holding above $70,000, with the market waiting for the next major catalyst.

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post Bitcoin Reclaims $70K as Social Media FOMO Surges appeared first on Coin Engineer.

In his post, Musk stated: “They arrested (and killed) Peanut, but didn’t charge anyone on the Epstein client list. The state is already broken.” This sharp comment not only delivered a strong political message but also brought PNUT coin back into the spotlight. 

They arrested (and killed) Peanut, but have not even tried to file charges against anyone on the Epstein client list.

Government is deeply broken. pic.twitter.com/YndRadQUBE

— Elon Musk (@elonmusk) July 8, 2025

Previously, Peanut coin had also seen sharp spikes due to Musk’s influence. Launched in October, PNUT reached a market cap of $120 million shortly after Musk’s earlier post. Investors made significant profits during this brief rally. 

Which Coins Did Musk’s Posts Skyrocket Before? 

Elon Musk’s influence on social media has frequently triggered sudden price movements in the crypto market. Projects like Dogecoin (DOGE), Floki Inu (FLOKI), and Grok (GROK) have soared with a single Musk tweet. 

For instance, in 2021, Dogecoin surged over 500% following his “Doge Barking at the Moon” post. Similarly, Floki Inu skyrocketed within days after Musk revealed his dog’s name was Floki. 

These examples clearly demonstrate how Musk’s online influence leads to rapid pricing shifts in the crypto space. 

Whale Activity and Past Volatility in PNUT Coin 

Historical price trends of PNUT show that investor behavior is often driven by Musk’s influence. According to Lookonchain data, a whale spent around 5,100 SOL to purchase 8.99 million PNUT tokens — a transaction worth $831,000. This major buy, along with Musk’s post, helped PNUT exceed a $120 million market cap in October 2024. 

However, as profit-taking continued, the market cap dropped from nearly $120 million to $58.6 million. According to CoinMarketCap, PNUT’s current market cap stands at approximately $227 million. 

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates. 

The post Elon Musk Posted, Market Shifted: Which Coin Was Affected?  appeared first on Coin Engineer.