Data: The number of famous news publications in October mentioning “cottage currency” and “cotton currency season” hit a record low

According to TheTie's latest report, despite the decline in bitcoin prices, the top news publications mentioned in the headlines that the number of bitcoins has not declined. The number of words in the encrypted news headlines referring to "altcoins" and "altseason" hit a record low in October. Sources of data include well-known publications such as The New York Times and the Financial Times. During the period from June to September, discussions about the possible "cotton currency season" became the headlines and received attention. At about the same time, the bitcoin and encryption markets collectively rose. The total market value of the altcoin reached a peak of $142 billion on June 26, 2019, but not long after, the altcoin failed to maintain its dominant position, and the market value dipped to $86 billion in just two weeks. According to CoinMarketCap, the market value of the altcoin dropped sharply to $69 billion in September, ending the excitement of the "cotton currency season."