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

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

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

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

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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Lectertodd is 27 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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