ביטקאָין [בטק] לאַכאָדימ ינוועסטערז אַרומנעמען די קריפּטאָ ווינטער בשעת וויילז שעמעוודיק

• Bitcoin retail investors have been constantly showing interest in BTC 
• However, velocity, volume, and daily activity continued to decline 

ביטקאָין holders, who have been on the receiving end of selling pressure, could have some reasons for optimism in the coming future. According to a recent דערהייַנטיקן by crypto analytics firm גלאַסנאָדע, retail investors have been showing an increasing interest in בטק.

לייענען ביטקאָין ס פּרייס פּראָגנאָז 2022-2023

Bitcoin shrimps take over

Reportedly, the net position of shrimps has grown. Since the collapse of FTX, shrimps added 96k BTC to their holdings until the time of writing. This was an all-time high spike, as these investors held around 1.21 million בטק, which was around 6.3% of the overall Bitcoin supply. 

Other retail investors who were holding up to 10 BTC also expressed their ינטערעס in the king coin.

# ביטקאָין Crabs (up to 10 $ בטק) have also seen aggressive balance increase of 191.6k $ בטק over the last 30-days.

This is a convincing all-time-high, eclipsing the July 2022 peak of 126k $ בטק/ חודש. pic.twitter.com/osjHovLRoV

- glassnode (@glassnode) נאוועמבער קסנומקס, קסנומקס

However, even though retail investors showed faith in the coin, whales did not share the same enthusiasm. According to גלאַסנאָדע, whales were observed to be exiting their positions. This could be due to the fact that there was still a lot of fear around investments, according to Bitcoin’s fear and greed index.

קוקן בייַ די דאַטן

The fear sentiment can be observed in ביטקאָין ס on-chain metrics as well. The daily active addresses on the Bitcoin network decreased drastically over the last few days. Along with that, there was a decrease in Bitcoin’s velocity as well, which can be observed in the chart below. 

A decline in velocity indicated that the frequency at which BTC was being transferred amongst addresses had reduced. To add to that, ביטקאָין ס volume fell by 50%, as it decreased from 50 billion to 25 billion.

מקור: סאַנטימענט

אזוי, ביטקאָין's hold on the crypto market has declined due to the aforementioned factors. Its market cap dominance also took a hit by 2.67% in the past month, according to data provided by Messari. It remains to be seen whether interest from retail investors can help prop up BTC’s prices.

Source:Messari

דאָס האָט געזאָגט, אין דער צייט פון שרייבן, ביטקאָין איז טריידינג ביי $ 16,209.19. זיין פּרייַז איז דיקריסט מיט 2.03% אין די לעצטע 24 שעה, לויט צו קאָונמאַרקעטקאַפּ, and the coin captured 38.48% of the overall crypto market.