Retail Bitcoin Trading Soars to 52-Month High, Signals Market Rebound

Retail Bitcoin Trading Soars: What’s Driving the Increased Activity?

According to CryptoQuant, the activity of Bitcoin’s retail investors has increased to a 52-month high, indicating a resurgence of robust retail trading interest. Important indicators like funding rates and demand from individual investors show a resurgence of interest driven by rising cryptocurrency marketplaces and increasing public awareness.

It’s impossible to ignore that retail trading is fully back, with dogecoin surging, high funding rates, and a spike in Google searches for bitcoin, this can be observed as well in the retail investor demand change 30-day-moving-average,

CryptoQuant analyst J.A. Maartunn

Altcoins Gain Popularity Among Retail Investors, CryptoQuant Data Reveals

Retail interest goes beyond Bitcoin, according to CryptoQuant research. Data highlighting the top-gaining altcoins over the past 168 hours was cited by the CryptoQuant analyst.

Retail demand is also shifting towards other coins further down the risk curve. Our data shows a retail demand targeting a mix of memecoins, DeFi projects, and major altcoins, and these categories appear to be the most popular among retail participants,

Maartunn

Since it reached a new all-time high of more than $93,500 this week, Bitcoin has shown a minor decline. The enthusiasm for altcoins has led to a steep increase in funding rates, and Ryze Labs researchers caution that if trends abruptly reverse, this aggressive leverage might increase market volatility.

Funding rates have surged, signaling a return of aggressive leverage, with many altcoin long positions incurring over 50% APY in funding. Retail interest has been heavily focused on memecoins, fueled by Robinhood and Coinbase’s recent listings of PEPE and WIF.

Ryze Labs analysts

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