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Cryptocurrency Update: Bitcoin Sentiment Reaches Record Low Amid Senate Inquiry into Trump Meme Coin

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FOMOGRAM Editorial Desk
Aug 4, 2026
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Cryptocurrency Update: Bitcoin Sentiment Reaches Record Low Amid Senate Inquiry into Trump Meme Coin
EXECUTIVE SUMMARY

Bitcoin sentiment has reached historically low levels, with bearish commentary outnumbering bullish discussions nearly two-to-one since July 31. U.S. senators have also called for an SEC probe into Trump’s meme coin.

Bitcoin sentiment has reached historically low levels, with bearish commentary outnumbering bullish discussions nearly two-to-one since July 31. U.S. senators have also called for an SEC probe into Trump’s meme coin.

FOMOGRAM SENTINEL GRAVITY TELEMETRY

Deep bearish sentiment captured by social data and regulatory inquiries may trigger short-term pressure on Bitcoin prices.

BTC OVERALL MARKET INDEX: 40 / 100 (BEARISH)

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