There is evidence that retail investors are re-entering the market, driven by rising #bitcoin prices and media narratives of substantial profits. Google search trends for #bitcoin have been on the rise, indicating growing retail interest.
The surge in Bitcoin's price, approaching U.S. $100,000 is likely to draw more retail investors into the market. :coinmarketcap:
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As #bitcoin reached a new all-time high of U.S. $98,310 today, the ETH/BTC trading pair fell to multi-year lows, raising questions about the relative strength of Ethereum. :newsbtc:
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🇨🇳 A Shanghai court has clarified that personal ownership of cryptocurrency is legal in China. The statement comes during a record-setting rise in #Bitcoin prices.
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:lummis: US Senator Cynthia Lummis outlines Strategic #Bitcoin Reserve plan is to purchase ₿200k per year for five years. ₿1 billion total.
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:lummis: Senator Cynthia Lummis suggests that the U.S. government could create a Strategic Bitcoin Reserve without printing new money by revaluing its gold certificates at fair market value and exchanging them for #Bitcoin. :cnbc:
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