Bitcoin Breaks Through $91,700 Barrier Driven by Retail Investor Confidence

Bitcoin has surged past the $91,700 mark, fueled by strong buying activity from individual investors. Despite recent fluctuations, this notable rise offers a positive signal for investors who’ve witnessed a consistent decline in prices. However, contrary to popular belief, retail investors may not be as passive as expected. Data indicates robust investor engagement with exchange-traded funds (ETFs). For 23 consecutive months, retail investors have recorded net stock purchases, demonstrating sustained interest in risk-taking.