Matrixport recently released a daily chart report that showed Bitcoin’s transaction volume reached a record high of over $145 billion in the last 24 hours, surpassing the flash crash in early August and the highest point in March. This surge in trading volume indicates that retail investors are returning to the crypto market, which is a bullish signal.
Additionally, Google searches for Bitcoin have increased significantly, reaching 78% of their highest level in the past five years. Since the U.S. presidential election, Bitcoin ETF inflows have exceeded $1 billion for two consecutive days.
