By Sohrab Khawas 16 May 2024 | 2:34 pm

Bitcoin Soars to $66K as Retail Investors Drive $135M Buying Spree!

The post Bitcoin Soars to $66K as Retail Investors Drive $135M Buying Spree! appeared first on Coinpedia Fintech News

Bitcoin experienced a significant surge last night, rising nearly 8% and crossing the $66,000 mark. This impressive rally is fueled by retail investors, particularly those holding between 0.1 and 1 BTC, who have collectively purchased $135,700,000 worth of Bitcoin over the past 30 days. This inflow of retail investment underscores the growing confidence and participation of smaller investors in the crypto market. As Bitcoin continues its upward trajectory, the involvement of retail players could signal sustained momentum in the market.