On November 8th, BlockBeats reported that digital asset prices, particularly Bitcoin, surged after Trump won the election. This indicates that retail investors are taking more interest in digital assets. Solv Protocol co-founder, Ryan Chow, believes that Trump’s victory is the “main catalyst to start the next bull market”.
Crypto macro analyst, Noelle Acheson, also stated that retail investors tend to be “latecomers” because they are affected by price-related news and broader social concerns. The absence of retail investors suggests that the crypto cycle is still in its early stages, and when retail investors start to “flock in,” it may indicate that we are nearing the peak of the hype.