Retail Investors Fueling Bitcoin's Growth Since the beginning of the year, Bitcoin has been on a rollercoaster ride, reaching an all-time high of over $64,000 in April before plummeting to around $30,000 in May. This sharp decline was fueled by a combination of factors such as Elon Musk's tweets, China's renewed crackdown on crypto, and fears of government regulation. However, despite these setbacks, retail investors continue to show strong interest and support for Bitcoin, indicating a potential price recovery in the near future. Smart Money is Betting on Bitcoin While retail investors have been a driving force behind Bitcoin's growth, smart money is also starting to take notice and invest in the leading cryptocurrency. Major financial institutions like Goldman Sachs and JPMorgan are now offering their clients exposure to Bitcoin, and large corporations like Tesla and MicroStrategy have added Bitcoin to their balance sheets. This influx of institutional mon...
Welcome to Daily Crypto Talkies News, your ultimate source for latest and most relevant news, insights, and updates from the world of cryptocurrency. Our blog aims to provide valuable information to crypto enthusiasts for only learning purpose.
Join with us !
Download App Now