Bitcoin 10% Below March ATH, Retail Investors Still Absent
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Bitcoin moves within striking distance of its ATH, confirming the macro uptrend. Retail investors are still MIA, according to Google Trends and crypto YouTube data. The reasons for the lack of retail interest are numerous and debatable. Bitcoin's meteoric rise in 2024 culminated in a historic $74,000 all-time high in March, propelled largely by the long-awaited approval of spot ETFs. This landmark decision marked a significant shift in the Securities and Exchange Commission's stance, ending a decade-long streak of rejections. Despite enduring a barrage of FUD since its March peak, resulting in a substantial 30% drawdown, Bitcoin has shown
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2h ago•
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