$BNB

Binance Coin

Google Trends data showed a significant decline in searches for 'Bitcoin', indicating a decrease in interest among retail investors. This decline in interest may be a result of major institutions dominating the market, reducing the participation of retail investors.

· Some major investment institutions have reduced their investments in Bitcoin exchange-traded funds; for example, 'Millennium Management' cut its stake in the 'iShares Bitcoin Trust' by 41%.

· Concerns have increased regarding new legislation to regulate digital assets in the United States, with investors awaiting the signing of laws that could affect cryptocurrency trading. This anticipation has led to a cautious atmosphere among investors.

· 'Coinbase' announced that it was subjected to a cyber attack that led to the leakage of data from several customers, raising concerns about the security of trading platforms. This incident caused the company's shares to drop by 7.2%, leaving Binance as the best platform.

· Bitcoin's dominance in the market fell from 65.38% to 61.86% over the past week, indicating a shift of some investors towards alternative currencies.

· After the strong increases witnessed by some cryptocurrencies in the previous period, many investors took profits, leading to natural price corrections in the market.

· Concerns about global inflation have increased.