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Bitcoin holds $80,000 level, but Santiment warns crypto bullish sentiment is overheating

A warning has emerged that the recent cryptocurrency market rise may not last as bullish comments surge on crypto-related social media. Santiment, a crypto sentiment analytics platform, flagged the spread of optimism as a short-term risk signal. It put the bullish-to-bearish post ratio at about 1.5 to 1. Bitcoin has gained 11.50 percent over the past 30 days and traded at $80,628 at the time of writing.