PANews, October 30 news, according to Cointelegraph, analysts say Bitcoin is rapidly approaching a new historical high, but retail investor interest does not seem to be much higher than usual. Cryptocurrency analyst Miles Deutscher stated in an article published on October 29 on platform X: 'Bitcoin is about to break through the historical high, but retail interest is still almost zero.' Despite the recent rise in Bitcoin, Google Trends data shows that the current search interest score for 'Bitcoin' is only 23 (out of 100), compared to the peak in late May 2021.
During previous bull markets, when retail interest peaked, Coinbase often surged into the top 50 in the Apple App Store rankings, but according to Sensor Tower data, it is currently ranked 308th. Notably, Coinbase rose 167 spots between October 28 and 29, which may indicate that the rising cryptocurrency prices are starting to rekindle retail attention.
OKX market shows that Bitcoin briefly touched $73,650 in the early morning, while the historical high is $73,787.1.
