• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: The 4-Month Recession in the Cryptocurrency Market is Over! Individual Investor Demand Has Peaked!
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Crypto News > The 4-Month Recession in the Cryptocurrency Market is Over! Individual Investor Demand Has Peaked!
Crypto News

The 4-Month Recession in the Cryptocurrency Market is Over! Individual Investor Demand Has Peaked!

vitalclick
Last updated: October 23, 2024 12:50 pm
5 months ago
Share
SHARE

Individual investor demand in the crypto market has started to rise again after the last four months of decline. According to CryptoQuant data, individual demand has increased by 13% in the last 30 days, reaching peak levels in March.

Increase in Individual Investor DemandInstitutional Demand and Investor Confidence

Increase in Individual Investor Demand

CryptoQuant considers on-chain transaction volume of $10,000 and below as an important metric for understanding the behavior of individual investors. This indicator provides precise information about capital movements in the network.

According to analysts, this increase may indicate that investors have reduced their risk aversion and the beginning of a possible bull market. Bitcoin $66,484‘s rise is supported by new institutional interest and positive market signals. The return of small investors to trading is seen as a sign of less risk perception.

Bitcoin is up 330% since the bottom in November 2022. However, some experts argue that the bull market has not fully begun despite the new participation of individual investors. Since the beginning of 2024, the Bitcoin rally has been driven by institutional demand.

Institutional Demand and Investor Confidence

The approval of Spot Bitcoin ETFs in the US in January increased interest from major investment firms. Analyst Cole Garner states that the market is still at the beginning of its growth potential. According to Garner, previous market cycles are repeating and the bull market has not yet begun.

Market expert Michaël van de Poppe stated that by comparing Bitcoin with other financial indicators, it is possible to predict when the next big price increase will occur. Van de Poppe emphasizes that Bitcoin is still in the consolidation phase.

As a result, increased individual demand and continued institutional interest in the crypto market may trigger upward movements in Bitcoin price. It is of great importance for investors to closely monitor market trends in this process.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

You Might Also Like

Ripple’s RLUSD Stablecoin Sees 2,000% Growth, Eyeing Strong Market Position

Whales Dump 330 Million Cardano (ADA), What’s Next? 

National Bank of Poland Rejects Bitcoin Reserves Plan as Global Adoption Rises

While I Was Expecting From The USA, It Came From China! Flash Development for the Cryptocurrency Market!

Wisconsin Investment Board Increased Bitcoin position

TAGGED:Cryptocurrency
Share This Article
Facebook Twitter Email Print
Previous Article Cryptocurrency Market Value Dropped to 2.31 Trillion Dollars! Investors Are Worried!
Next Article Is Bitcoin Going Towards $84k or $65k?
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?