Bitcoin struggled below $70,000 for two consecutive months, but rose above $70,000 again in April. At the time of publication, $BTC It opened at $75,130.61, after a slight decline of 0.13% in the past 24 hours.
However, despite the price recovery, LunarCrush reported:
Engagement on Bitcoin-related social posts has reached its lowest level in the past 365 days.
According to the aforementioned graph, engagement was at 52.62 billion at the time of this writing, a decrease of more than 20% over the past year to about 19.06 million.
Weekly digital asset capital flows tell a different story
This was in sharp contrast to CoinShares’ weekly report on “Digital Asset Fund Flows.”
The report highlighted that Bitcoin’s price breaking above $76,000 was one of the main reasons why crypto investment products recorded $1.4 billion in inflows in the past week.
In fact, the recorded inflows were the strongest weekly inflows since January and the third consecutive week of inflows.
According to the report, Bitcoin ($BTC) received inflows worth $1.116 billion, bringing the cumulative inflow since the beginning of the year to $3.1 billion. At the same time, Ethereum received $328 million in inflows. Meanwhile, XRP and Solana recorded outflows worth $2.3 million and $56 million, respectively.
What is behind this dichotomous view of Bitcoin?
Therefore, the only explanation behind the decline in engagement is that the price cannot regain the all-time high of $126,000 reached in October 2025.
Furthermore, 2025 was also the year of major events that could impact investor confidence in Bitcoin.
US President Donald Trump came into office as a pro-crypto president, but his tariff policies, multiple liquidations, the recent US-Iran war, and many other events may have damaged public trust.
In fact, the biggest indicator is the Crypto Fear and Greed Index, which has been below neutral levels since October 2025, although there were some exceptional days like late October 2025 and mid-January 2026. Fluctuations between the “fear” and “extreme fear” zones during most months explain this decline.
Overall, these trends suggest that, although there are signs of recovery in the second quarter of 2026, enough has happened in the past year to bring social engagement to its lowest point.
More data supporting declining social engagement
Google Explore data for the term “Bitcoin” over the past year also shows a decline in search results around the world.
This confirms that these short-term gains have not yet completely turned investor sentiment from negative to positive.
Adding weight to this analysis is that the same is further confirmed by weighted sentiment data and Bitcoin active addresses recorded by Santiment over the past year. The graph shows that weighted sentiment is currently stable, but active addresses are trending down, indicating weak demand.
However, despite all this gloom, AMBCrypto recently reported that Bitcoin could end the second quarter in the $85,000 to $90,000 range. In fact, if that actually happens, the $65,000 to $70,000 zone could be the local bottom of this cycle.
Final summary
- Bitcoin engagement on social media platforms has declined by more than 20% over the past year.
- The Crypto Fear and Greed Index, along with other factors ranging from economics to geopolitics, have reduced investor confidence over the past 365 days.
