Have Retail Investors Arrived as Bitcoin (BTC) Nears $95K Mark?

Cryptocurrency rallies have traditionally seen the involvement of retail investors. However, the cycle that started post-US elections seemed to lack these participants. Bitwise’s CEO, Hunter Horsley, suggested that the recent BTC price rally from $75,000 to $95,000 was driven by institutions, advisors, corporations, and even nations, with retail investors yet to make a significant appearance.

However, Santiment, an analytics platform, suggested that retail traders have shown confidence in the crypto markets, as indicated by an increase in social media posts predicting BTC price surges. Similarly, IntoTheBlock noticed a significant increase in balances of short-term traders, primarily retail investors, supporting the view that the current move may be part of a broader uptrend.