Understanding the Shift: How Bitcoin’s Latest Cycle is Dominated by Institutional Investment Over Retail Enthusiasm

COINOTAG news, October 1, CoinDesk senior analyst James Van Straten identifies that the current cycle may witness fewer retail investors who are now more seasoned and strategic. According to James, retail investors played a pivotal role in propelling the previous cryptocurrency bull market, mitigating the impact of the COVID lockdown between 2021 and 2022. The new bull market, which initiated in mid-2023, appears to be driven predominantly by institutional players. The central themes now include ETFs and the gradual but reliable integration of Traditional Finance (TradFi). This cycle has not yet seen the considerable re-engagement of retail investors to the same extent as before, with the exception of certain meme coins.