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Airdrop can refer to different things depending on the context:
1. Cryptocurrency Airdrop ā In the crypto world, an airdrop is when a blockchain project distributes free tokens or coins to users, usually as a promotional strategy. Users may receive these tokens for holding a certain cryptocurrency, completing tasks, or being active in a community.
2. Apple AirDrop ā A feature on Apple devices that allows users to wirelessly share files, photos, and other data between iPhones, iPads, and Macs using Bluetooth and Wi-Fi.
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The overall sentiment in the crypto market is cautiously bullish. Bitcoin has shown resilience above key support levels, and institutional interest remains steady, especially with the increasing adoption of Bitcoin ETFs.
Bitcoin Fear & Greed Index: Neutral to slightly greedy
Investor Behavior: More accumulation than distribution, especially among long-term holders