CandleFocus Why the Public Isn’t Showing as Much Interest as Previous Bulls, Even as Bitcoin Nears $100,000? Here’s the Data and the Answer
2024-11-29
Author: Content Editor
According to a recent analysis by crypto research firm Alphractal, public interest in cryptocurrencies has increased but has not reached the same levels seen during the bull markets of 2017 and 2021. The report suggests that economic conditions and changing market dynamics may be contributing to the lack of excitement. While Bitcoin's recent rally to $100,000 has made headlines, further price increases may be needed to generate widespread interest. Alphractal suggests that the crypto market may need a new catalyst to reignite public enthusiasm.
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