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Retail Traders Return To Crypto as Bitcoin Surge After 4-Month Break

DATE POSTED:October 22, 2024
Crypto Weekly Roundup

The post Retail Traders Return To Crypto as Bitcoin Surge After 4-Month Break appeared first on Coinpedia Fintech News

According to CryptoQuant, retail investors are making a comeback in the crypto market after a 4-month decline. On-chain transaction volumes below $10,000, which track small investor activity, have surged by 13% in the past 30 days. This growth mirrors levels last seen in March when Bitcoin approached a historical high. Meanwhile, small investors, who had reduced activity while whales dominated, are now showing renewed interest. The recent rise in Bitcoin prices has encouraged them to return, signaling a shift toward lower risk aversion in the market. This activity offers valuable insights into market sentiment among non-institutional participants.