As Bitcoin draws closer to the $58,000 mark on October 12, 2021, it appears that new retail investors have yet to come into the fold.
Indeed, new retail investors have not yet gotten involved in Bitcoin’s recent price surge, as shown by a lack of interest in the cryptocurrency on Google Trends, despite the fact that newcomers mostly use Google to make their initial foray into cryptocurrency trading.
For example, global interest in the term ‘Buy Bitcoin‘ reached a popularity score of 10 out of 100 in interest over time, according to data from the Google Trends platform for the week ending October 9, 2021.