PANews reported on October 30 that according to Cointelegraph, analysts said that Bitcoin is rapidly approaching a new historical high, but retail investors' interest does not seem to be much higher than usual. "Bitcoin is about to break through its historical high, but retail investors' interest is still almost zero," said Miles Deutscher, a cryptocurrency analyst, in an article published on the X platform on October 29. Despite the recent rise in Bitcoin, according to Google Trends data, the current search interest score for "Bitcoin" is only 23 (out of 100) compared to the peak of searches at the end of May 2021.
During previous bull markets, when retail interest peaked, Coinbase often surged into the top 50 on Apple’s App Store, but according to Sensor Tower data, it is currently ranked 308th. Notably, Coinbase rose 167 spots between October 28 and 29, which may indicate that rising cryptocurrency prices are regaining the attention of retail investors.
According to the OKX market data, Bitcoin briefly touched US$73,650 in the early morning, while its historical high was US$73,787.1.
