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On-chain analytics firm CryptoQuant reports that cryptocurrency analysts have turned sharply more optimistic about Bitcoin, reaching levels of bullishness not seen since August 2025. According to the firm's latest data covering market activities from July 1 to October 13, 2026, 84% of 164 surveyed analysts now hold a bullish view on Bitcoin.

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Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP) are seeing increasingly negative sentiment, while Ethereum (CRYPTO: ETH) comparatively is holding its ground in what analytics firm Santiment calls a contrarian buying opportunity. Why Sentiment Has Collapsed Across the Market Santiment Intelligence said Tuesday that sentiment around Bitcoin, Ethereum, XRP and other major tokens has steadily weakened for nearly two months, with last week's Binance hack accelerating the decline further.

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The 8:01 a.m. ET snapshot showed XRP up 2.46%, while long liquidations across Binance, Bybit and OKX totaled $203.8 million over 24 hours.

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The transfer included 7,244 BTC valued at about $558.62 million and 63,600 ETH valued at about $143.63 million.