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Crypto Twitter has quickly become enamored with this two-minute segment, sharing it everywhere and anywhere. No one has yet come to a conclusive opinion on how what was said will affect public perception of the industry.<\/p>\n
This segment comes as his writer has noticed a strong uptick in mainstream media outlets (CNN, Bloomberg, Barron\u2019s, Financial Times, etc.) covering Bitcoin and the broader industry.<\/p>\n
Related Reading: Ripple\u2019s XRP Primed to Explode Higher as Technical Stars Align<\/a><\/h6>\n
Retail Investors Flood Back Into Crypto<\/strong><\/h2>\n
With mainstream mentions of Bitcoin and cryptocurrency by shows like The Simpsons and outlets as well-known as CNN, it should come as no surprise that data indicates retail investors are flooding back into the industry.<\/p>\n
Late last month, analyst CryptoKea\u00a0 noted<\/a>\u00a0that search interest for \u201cBuy Bitcoin\u201d just recently reached a seven-month high, reaching a level of \u201c10\u201d per his analysis. This is important because a strong uptick in interest for the aforementioned term, which most attribute to consumers, not institutions, marked the start of 2017\u2019s effectively parabolic rally to $20,000<\/a>.<\/p>\n
Not to mention, our analysis found that interest from Googlers in \u201caltcoin,\u201d \u201cBitcoin halving,\u201d \u201cEthereum,\u201d amongst other terms, have started to grow.<\/p>\n
Also, industry researcher from The Block<\/a> Larry Cermak recently pointed out that Coinbase\u2019s average daily volume has shot up in February, which has historically been a \u201creally good sign [for] the market.\u201d<\/p>\n
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Volume in February is continuing to shoot up. That's historically a really good sign about the market. It's almost at the same level as in May now pic.twitter.com\/QSDtiMp3sE<\/a><\/p>\n
— Larry Cermak (@lawmaster) February 20, 2020<\/a><\/p><\/blockquote>\n