After Trump won the election, Bitcoin's Google search volume surged, indicating new investors entering the market.
According to Cointelegraph, market observers have noted that after Trump's election victory, there was a surge in Bitcoin Google searches. Coupled with the record high price of Bitcoin, this indicates a renewed interest from retail investors and suggests that a new wave of buyers is ready to enter the cryptocurrency market. Ryan Chow, co-founder of Solv Protocol, stated that Trump's election win was "the main catalyst for starting the next bull market." Cryptocurrency macro analyst Noelle Acheson said: "Generally speaking, retail investors tend to be latecomers because they are influenced by price-related headlines and widespread social attention. Due to the absence of retail investors, market observers can speculate that we are in the early stages of a crypto cycle; when retail starts flocking in droves we will know we're nearing peak hype."
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