Latest cryptocurrency news Boosting demand in the cryptocurrency market by individual investors

CoinWorld reported:
Recent data shows that the cryptocurrency market has significantly recovered after four months of decline, driven by individual investors. According to CryptoQuant, the demand from these investors has grown by 13% in the past 30 days, marking a return to the level seen in March this year.
What does the increase in demand mean?
CryptoQuant identifies on-chain transactions below $10,000 as an important indicator to assess the activity of individual investors. This measure effectively captures the capital flow within the cryptocurrency network.
Why are investors more confident now?
The surge in demand indicates that investors are turning towards higher risk tolerance, which could signal the beginning of a bull market trend.
Bitcoin
New institutional interest and favorable market conditions are supporting its performance. The recovery of retail investors is also seen as a positive indicator of reduced risk aversion.
Key observations include:
A 13% increase in activity from individual investors last month.
On-chain transaction volume below $10,000 is a reliable indicator of individual interest.
Institutional interest, particularly in Bitcoin spot ETFs, is on the rise.
Market experts suggest that Bitcoin is currently in a consolidation phase.
The resurgence of individual participation, coupled with sustained institutional enthusiasm, may pave the way for a significant increase in Bitcoin prices. Close monitoring of market trends is crucial for stakeholders in this developmental stage.