PANews reported on November 8 that according to Cointelegraph, market observers said that the surge in Bitcoin Google searches after Trump won the election, coupled with the record high price of Bitcoin, indicated that retail investors' interest was rekindled and there was a wave of new buyers ready to enter the cryptocurrency market.
Solv Protocol co-founder Ryan Chow said Trump's victory in the election was "the main catalyst to kick off the next bull market." Crypto macro analyst Noelle Acheson said: "In general, 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 the crypto cycle is in its early stages, and when retail investors start to flock in, we will know that we are close to the peak of hype."
