BREAKING
379d 16h ago

Bitcoin Demand Surges: Retail Investors Snatch Up 25,600 BTC Amid $100,000 Price Hype

BTC

BTC/USDT

$71,336.87
-6.79%
24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short
77.9%
Long: 77.9%Short: 22.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$70,942.95

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$76,971.52
Resistance 2$74,594.61
Resistance 1$71,474.71
Price$70,942.95
Support 1$70,140.00
Support 2$66,407.06
Support 3$58,306.99
Pivot (PP):$71,474.71
Trend:Downtrend
RSI (14):20.9

According to recent data from Glassnode, the appetite for Bitcoin among retail investors continues to be robust, particularly around the $100,000 price point. In a noteworthy trend, the Shrimp-Crab cohort, which comprises investors holding between 1 and 10 BTC, has significantly boosted their acquisitions. Last month alone, this group purchased 1.9 times the amount of new Bitcoin mined, amounting to a substantial total of 25,600 BTC. This surge in demand from smaller investors indicates a healthy interest in the leading cryptocurrency, potentially signaling confidence in the market’s long-term prospects. As more retail participants engage with digital assets, analysts will be closely monitoring these trends for their implications on overall market liquidity and price stability.

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