Bitcoin's trading volume has hit a record level in the past 24 hours, surpassing previous peaks and marking a return of confidence from retail investors.
Record Trading Volume
According to Matrixport's report, Bitcoin trading volume reached $145 billion in the past 24 hours, a 50% increase from August and March. This indicates a positive market shift with retail investors returning.
Increased Interest in Bitcoin
Interest in Bitcoin has grown not just in trading volume. Google searches for Bitcoin have reached 78% of the five-year high, indicating heightened public interest.
ETF Investment Interest
Bitcoin ETF investments have also seen an increase post-U.S. elections. In just two days, inflows into Bitcoin ETFs exceeded $1 billion, showing institutional interest.
The increase in trading volume and interest in Bitcoin highlights growing investor confidence in the cryptocurrency, with significant dynamics observed among both retail and institutional market participants.
