On November 8th, according to Cointelegraph, market observers said that the surge in bitcoin Google searches after Trump won the election, coupled with the bitcoin price hitting a record high, indicates that retail investors' interest has reignited and there is a wave of new buyers ready to enter the cryptocurrency market.
Ryan Chow, co-creator of Solv Protocol, said Mr. Trump's election victory was "a major catalyst to kick-start the next bull market". Noelle Acheson, crypto macro analyst, said: "In general, retail investors tend to be latecomers as they are influenced by price-related headlines and widespread social attention. With retail investors absent, market watchers can speculate that the crypto cycle is in its early stages, and when retail investors start to flock in, we will know that the hype is near its peak."
After Trump won the election, Google searches for bitcoin surged, indicating that new investors were entering the market
2024-11-08 13:46:31
11 news cointelegraph report market observer representation trondesk3cryptocurrencydesktopCrypto News
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