BREAKING
383d 21h ago

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

BTC

BTC/USDT

$66,731.27
-3.29%
24h Volume

$20,996,839,537.15

24h H/L

$69,993.65 / $66,557.99

Change: $3,435.66 (5.16%)

Long/Short
69.4%
Long: 69.4%Short: 30.6%
Funding Rate

-0.0048%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$66,748.14

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$78,165.83
Resistance 2$73,706.57
Resistance 1$70,216.45
Price$66,748.14
Support 1$62,974.05
Support 2$47,080.00
Support 3$40,335.00
Pivot (PP):$67,533.00
Trend:Downtrend
RSI (14):29.8

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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