Market overview
The headline sentiment reading looks hot and is cooling fast. Market Pulse printed 85 (extreme greed) in the 24 hours to Friday 06:00 UTC, but the trend tag is falling and the change window shows minus 11 points. That is a sharp intraday fade for a score that spent most of the week above 90, and it maps cleanly onto the single biggest story of the session: the Binance incident.
CryptoPotato reported Binance confirmed a $6.3 billion hack and said user funds would be covered in full. U.Today put the suspicious outflows closer to $5.9 billion across XRP, BTC, ETH and other tokens, so the exact figure is still being argued, but the pledge to make users whole is the line to watch. On-chain analysts are the ones tracking the flow, not Binance's own disclosures, which is why the number keeps moving.
The internal breadth read is wider than the headline suggests. Of 150 classified articles in the data window, 94.7% carried a bullish tag against 5.3% bearish, with zero neutrals. That is a tape where the risk event dominates attention but has not yet flipped the aggregate sentiment arrow, a classic late-cycle setup editors learn to flag.
BTC & ETH
Bitcoin coverage dominated the news flow at 23 articles over the past 24 hours, the heaviest print in the data block, with a 78 sentiment score and 18 of 23 reads tagged bullish. Importance averaged 4.74, which is lower than altcoin leaders, suggesting BTC is in the background noise rather than driving the headline. The CryptoBeast composite put BTC at 62, labeled neutral, held back by a sentiment reading that trails