PK Press Club – There has been a massive surge of interest among non-cryptocurrency owners as these “outsiders” look to get in on the action. The growing interest comes amid an uptrend (BTC) that has seen its price reach all-time highs.
Record Interest From Non-Bitcoin Investors
Lark Davis, Bitcoin investor and entrepreneur, highlighted the increasing attention that Bitcoin and the entire crypto industry are receiving. In an article on
This increase in searches suggests that more people are curious about how to buy top assets like Bitcoin. The rise could have been triggered by the announcement of an uptrend that pushed Bitcoin to $109,000.
This has created widespread hype outside of the crypto space, prompting new investors to explore how to enter it.
Davis’ mention of retail indicates that Bitcoin could see a resurgence among individuals and non-professional investors. These investors notably play a key role in the crypto market, as their renewed interest could signal a broader market recovery for the leading digital asset.
Primarily, an increase in the number of retail investors generally leads to an increase in trading volume and market activity in general. In the crypto industry, retail interest in an asset typically precedes a significant price movement. Therefore, Davis highlights the possibility of further Bitcoin growth thanks to this renewed public interest.
Bold predictions from industry leaders
Analysts believe this could benefit the crypto industry as more people adopt digital assets. Some have attributed this growing interest to anticipation of pro-crypto policies expected from the new US administration inaugurated today.
As PK Press Club reports, the chances of the new US president announcing a strategic Bitcoin reserve have increased to 70%.
Renowned author and Bitcoin investor Robert Kiyosaki has called on his followers to buy more BTC. He predicts that the asset could reach staggering price levels of $250,000 this year. Kiyosaki even suggested that investors should HODL their assets and buy more.
