Crypto market update ✍️

Good evening to all my friends. I hope you all are doing well. I am having a fantastic day. I am on vacation with my friends. Btw let's talk about crypto market. Today i am going to discuss about retail interest in the market. Looking at the last few years, we can see retail interest fluctuating with market cycles. Recently, USDT’s market cap declined by around $4 billion, and we’ll explore why this happened. Retail interest peaks during a bull market, especially when Bitcoin experiences a correction. After corrections, retail interest tends to decline, but it often bounces back with price recovery. For example, after Bitcoin reached $43,000–45,000 in early 2024, retail interest peaked and then declined with a market correction.

We’ve also seen a drop in USDT’s market cap recently, often due to investors converting USDT into other stablecoins or fiat currencies. This can affect the market's overall supply, impacting prices. In summary, market corrections and shifts in investor behavior, especially by whales, play a significant role in the market dynamics. Keep an eye on these trends, as they often lead to price recovery. That’s it for today. Thanks & have a good day!!