Matrixport: Bitcoin trading volume hits a new high of $145 billion, retail investors are returning to the crypto market

According to the report, Matrixport has released the latest chart showing that the trading volume of Bitcoin has exceeded $145 billion in the past 24 hours, setting a new historical high, which is nearly 50% higher than the flash crash in early August this year and the peak in March. This surge in trading volume indicates that retail investors are returning to the cryptocurrency market. Based on historical data, the active trading cycle of retail investors during the bull market can usually last for several weeks or even months, so the increase in trading volume can be seen as a bullish signal. The Google search heat for Bitcoin has also risen sharply, reaching 78% of the highest level in the past five years. In addition, since the US presidential election, the capital inflow of Bitcoin ETFs has exceeded $1 billion for two consecutive days.