Data from the 30-day retail investor demand metric reveals a significant change, tracking the flow of volumes under $10,000 into Bitcoin, suggesting a growing influence from retail investors.
At press time, the metric reached 27.15%, the highest level it has reached in over four years. The last time the reading neared this level, Bitcoin’s price climbed from $9,500 to $37,000 in less than six months.
Leave a Reply