Bitcoin Hits Record Highs but Retail Investor Enthusiasm Wanes

Despite hitting new all-time highs, Bitcoin is facing a concerning trend: a significant decline in retail investor enthusiasm. Google search data and market sentiment indicators signal a weakening public interest. This shift is evident in falling Google searches, a drop in spot demand, and a plunge in the crypto fear and greed index. Are institutional investors and professionals alone stepping up to support Bitcoin, leaving retail investors behind? 30-day decline in bitcoin demand reaches levels unseen since April.