Bitcoin hits new highs but no voice? Research analysis: Wall Street media deliberately ignores and still doubts cryptocurrencies

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Bit Coin (BTC) reached a new high of $111,900, shocking the global market. However, after reviewing The Wall Street Journal, Financial Times, and The New York Times, articles linked to this milestone are scarce, creating a stark contrast between "price hype" and "media silence".

Hitting New Heights Yet Low-Key: Only 13 Related Articles

Market intelligence company Perception conducted a statistical analysis of 1,116 cryptocurrency reports from 18 mainstream media outlets. Overall, 31% were positive, 41% neutral, and 28% negative. However, during the period of Bit Coin's historic high, The Wall Street Journal published only 2 articles, while Financial Times and The New York Times combined for 11 articles, representing just 2% of the total. These reporting numbers appear particularly thin against the backdrop of rapidly rising price and attention.

The Perception report summarized three narrative paths for mainstream media's coverage of Bit Coin. First, the "enthusiastic adoption" camp, including Forbes, CNBC, and Barron's, focuses on retail and institutional adoption, Bit Coin ETF development, and mining industry. Second, The Wall Street Journal, Financial Times, and The New York Times, representing the "deliberate ignore" group, have few reports with mostly neutral or reserved tones. Lastly, the "continuous skepticism" group, including comprehensive media and Fox News, emphasizes criminal activities, regulatory risks, and safety concerns.

Silence Behind: Information Asymmetry and Risks

When investors rely on elite media as their primary information source, they can easily fall into a limited perspective. The Perception report warns:

"Investors might be 'systematically underreported' about Bit Coin's importance in today's financial system."

While high-frequency financial media and social platforms fill the void, they simultaneously amplify emotional fluctuations and hype, potentially creating an information cocoon. In other words, the real risk may not come from price volatility, but from unbalanced backgrounds.

Regardless of narrative divergence, institutional ETFs and corporate balance sheets are increasingly incorporating Bit Coin, indicating its continued consolidation in the mainstream asset pool. Facing potential elite media neglect and silence, investors need to proactively cross-platform gather information, compare data, and establish diverse perspectives. Cross-validation from multiple sources is not just a preliminary work for asset allocation adjustment, but also a core hedging tool to avoid information bias.

As Bit Coin's price reaches new heights, it also reminds the market to reflect: in an era of information flying everywhere, what's truly worth paying attention to is not just where prices rise and fall, but which voices are left outside the microphone.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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