The main scope of Bitcoin and Crypto media in the second quarter is polarized and lacking in volume despite cryptocurrency that reaches a full time, says an intellectual market perception.
There is a total of 1,116 articles published by 18 mass media outlets in the second quarter, declaring a “deep polarized narrative scene” in Media covers of digital assets, according to firm Report Released on Tuesday.
The report did not draw a direct comparison to past quarters, but said the general emotion toward Bitcoin (Btc) Saw a “dramatic difference -different between outlets,” with 31% published positive articles, 41% that provides neutral scope, and 28% published negative articles.
The report has announced a steep hunger of News scope From “Elite Financial Publications” such as The Wall Street Journal of the News Corp, which published only two Bitcoin articles in Q2, while the Financial Times and the New York Times published 11 articles in Bitcoin over the season.
These three outlets cost only 2% of all Bitcoin media mass and crypto coverage for the second quarter.
Mass Media has 3 reporting narratives in Bitcoin
The perception said it recognized three unique narratives in how a major outlet occupies Bitcoin, which largely depends on the level of their claim is “editorial blindness from the outlets of the agenda setting.”
The three narratives are “enthusiastic adoption” from the preferences of Forbes and CNBC, “intentional blindness” from the preference of the journal and the Financial Times, and “continuous doubt” from traditional media.
High volume of financial media such as Forbes, CNBC and News Corp’s Barron has filled the vacuum left by leading financial publications with wide ranges, while traditional news outlets focus on crime and controversy, the understanding said.
Crypto’s subject distribution is different from media media
Research has also found significant differences in topics about the crypto industry.
Forbes focuses on adopting retail, bitcoin mining, and institutional adoption as major topics, while CNBC has heavy banking and finance focus, market testing, and investment vehicles.
Related: ‘Bad Ethics Violation’ – Musk Echoes Crypto Execs in Backlash against WSJ
Meanwhile, Fortune has a significant scope of mining, banking, finances, and market evaluation, as Fox News emphasizes topics of crime, legal, and cybersecurity.
Asymmetry of information means readers “underinformed”
The report concluded that this difference -this creating significant “asymmetry of information.”
Investors who rely on elite financial intelligence in the market are “systematically underinformed” about an emerging asset transformation class, it claims.
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