There has been a marked decline in social interactions and general retail interest.
There were two months in the last six months when Bitcoin-related postings were quite active.
Retail investors are not yet “believing the hype,” according to Joe Vezzani, CEO of LunarCrush, a social media analytic platform, even if the values of Bitcoin and other digital assets are soaring.
According to Vezzani, there has been a marked decline in social interactions and general retail interest, as compared to the previous outstanding bull run. There were two months in the last six months when Bitcoin-related postings were quite active, January and March.
One possible explanation for the January mentions is the excitement around the spot Bitcoin ETFs. Financial institutions were able to get their applications for spot Bitcoin exchange-traded funds (ETFs) authorized by the SEC on January 10th.
Dramatic Change in Behavior
In March, when Bitcoin hit a new all-time high, there was an influx
We współpracy z: https://thenewscrypto.com/retail-interest-in-crypto-wanes-ahead-of-impending-btc-halving/
