{"id":136445,"date":"2024-08-29T20:30:40","date_gmt":"2024-08-29T17:30:40","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136445"},"modified":"2024-08-29T16:24:42","modified_gmt":"2024-08-29T13:24:42","slug":"crypto-analyst-highlights-retail-investors-key-role-in-market-recovery","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-analyst-highlights-retail-investors-key-role-in-market-recovery\/","title":{"rendered":"Crypto Analyst Highlights Retail Investors’ Key Role in Market Recovery"},"content":{"rendered":"

Deutscher pointed to the explosive rally from March 2020 to November 2021, during which the crypto market grew by over 2,600%, with many altcoins achieving 50-100x returns.<\/p>\n

This period was fueled by financial incentives and heightened public interest during the global troubles. However, the rally ended abruptly in November 2021, followed by a sharp market decline exacerbated by the collapse of LUNA and UST in May 2022. This collapse led to a mass exodus of retail investors, financially devastated or disillusioned by the downturn.<\/p>\n

Despite the difficult environment, 2023 has brought renewed optimism, especially with significant institutional moves such as BlackRock\u2019s spot Bitcoin<\/strong><\/a> ETF announcement in June marking a potential turning point for the market. This led to a sharp rise in Bitcoin prices, reaching new all-time highs by January 2024, driven by institutional investment.<\/p>\n