PANews reported on November 13 that Matrixport stated in its latest report that in the past 24 hours, Bitcoin's trading volume exceeded US$145 billion, setting a record high, nearly 50% higher than the flash crash in early August this year and the highest point in March.
This surge in trading volume indicates that retail investors are returning to the crypto market. According to historical data, during the bull market phase, retail trading activity cycles usually last for weeks or even months, so the increase in trading volume can be regarded as a bullish signal.
Google searches for Bitcoin have also surged, reaching 78% of their highest level in the past five years. In addition, since the U.S. presidential election, Bitcoin ETF inflows have exceeded $1 billion for two consecutive days.
