Bitcoin Demand Matches Bull Market Peak

Daily Bitcoin inflows now rival the 2021 bull run, signaling strong investor confidence even after all-time highs.

  • Daily Bitcoin inflows hit $1.8B, near 2021 bull run levels
  • Capital surged most at $73K and $92K price points
  • Strong inflows suggest ongoing investor confidence

Bitcoin demand is surging again, with fresh capital pouring into the market at levels last seen during the height of the 2021 bull run. Recent data shows that approximately $1.8 billion is entering the Bitcoin market daily, a figure that mirrors the capital influx during the November 2021 peak when Bitcoin hovered around $64,000.

What’s remarkable is that this kind of investor enthusiasm is occurring even after Bitcoin has hit new all-time highs. This suggests that confidence in Bitcoin as a long-term investment remains strong, regardless of price volatility.

All-Time Highs Didnโ€™t Scare Off Investors

Interestingly, the largest inflows of this cycle werenโ€™t at the beginning of the rally but at its peaksโ€”around $73,000 and $92,000. These points saw inflows of $3.6 billion and $4.5 billion respectively, proving that institutional and retail investors alike are not afraid of high prices when it comes to Bitcoin.

This kind of activity is significant. It implies that market participants aren’t just buying the dipโ€”they’re also confident buying at the top, expecting further gains or believing in Bitcoinโ€™s long-term value.

What This Means for the Market

The surge in Bitcoin demand reflects a broader sentiment: Bitcoin is increasingly seen as a serious asset class. Whether itโ€™s due to the growing number of Bitcoin ETFs, inflation concerns, or institutional adoption, investors are willing to put large sums into Bitcoin even after record-breaking highs.

This could mean a more mature and resilient market where price corrections donโ€™t necessarily lead to panic, and where capital continues to flow based on conviction, not just hype.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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