- Retail investor demand for Bitcoin has surged to its highest level since 2020, boosting market optimism.
- Rising institutional interest suggested a potential push toward the $100K psychological level.
Bitcoin [BTC ($86,695.00)] appeared to be gradually regaining its momentum after a period of minimal price movement last week.
Over the past day, the cryptocurrency has registered a 1.3% increase, bringing its trading price to $96,714 at the time of writing.
This latest upward move has pushed Bitcoin’s market capitalization to $1.915 trillion, accompanied by a 24-hour trading volume of $92.1 billion.
These indicators suggest a strong market presence as the asset approaches a critical psychological milestone of $100,000.
Amid this price performance, new data highlighted increasing retail investor interest in Bitcoin.
According to CryptoQuant analyst Darkfost, Bitcoin’s 30-day retail demand change has reached its highest level since 2020.
The analyst attributes this surge to growing retail participation, which often signals...
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