{"id":627072,"date":"2024-06-30T06:57:48","date_gmt":"2024-06-30T06:57:48","guid":{"rendered":"https:\/\/ktsl888.com\/?p=627072"},"modified":"2024-06-30T06:57:48","modified_gmt":"2024-06-30T06:57:48","slug":"bitcoin-records-surge-in-retail-investors-is-a-price-rebound-on","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-records-surge-in-retail-investors-is-a-price-rebound-on\/","title":{"rendered":"Bitcoin Records Surge In Retail Investors – Is A Price Rebound On?"},"content":{"rendered":"

According to data from CoinMarketCap<\/a>, the price of Bitcoin declined by 5.25% in the past week falling below the $60,000 mark. This price dip adds to the string of negative performances in the last month during which BTC has lost 9.88% of its value.\u00a0<\/span><\/p>\n

However, Bitcoin has recently seen an increase in buying interest despite its recent price dips and popular notions that the maiden cryptocurrency is bound to remain in a consolidation state<\/a> for now. <\/span>Prominent crypto analyst Ali Martinez has now stated another development that characterizes the resilient interest in Bitcoin amidst its current overall bearish trend.
\n<\/span><\/p>\n

Related Reading: Analyst Identifies Bitcoin Liquidity Pools You Should Be Aware Of Going Into July<\/a><\/div>\n

Retail BTC Investors Return In Numbers: Incoming Price Rally?<\/strong><\/h2>\n

In an X post<\/a> on Saturday, Martinez reported that the number of new Bitcoin (BTC) addresses reached 352,124 on Friday. This figure marks the highest level since April and breaks a downtrend that has persisted since November 2023.<\/span><\/p>\n

Based on this data, the crypto analyst announced\u00a0<\/span>a resurgence in the number of retail Bitcoin investors indicating renewed interest from key players in the market. <\/span>For context, retail investors refer to individual investors who trade assets for their personal accounts. They typically trade in smaller quantities than organizations but are quite important for market stability and liquidity.
\n<\/span><\/p>\n

\n

Retail #Bitcoin<\/a> investors are making a comeback! The number of new $BTC<\/a> addresses on the network surged to 352,124, marking the highest level since April. pic.twitter.com\/GFOHnsokz0<\/a><\/p>\n

— Ali (@ali_charts) June 29, 2024<\/a><\/p><\/blockquote>\n