News View Non-AMP

Bitcoin Search Drops To 6-Month Low Despite Recent Rally Above $105k

Published by
Nidhi Kolhapur

After a two-week crypto rally, Bitcoin is holding strong above $100K, but retail investors are still skeptical. In 2025, big institutions have been buying most of the Bitcoin, while retail investors have been selling. However, retail interest may pick up if Bitcoin breaks above $109,350.

According to Google Trends, retail interest in Bitcoin appears to be fading, with search trends for “Bitcoin” falling to levels last seen in June 2024, when BTC was trading around $66,000. Similarly, Coinbase has slipped to 15th in the US finance app rankings, a position it last held in mid-2024. 

Retailers Missing Out on BTC Rally?

Historically, retail investors tend to buy later, right after major breakouts, often missing out on the early gains.

Analyst Sky Wee explains that Bitcoin was made to protect people from traditional banks and systems, and it stays “people’s money” as long as they keep holding it. Right now, more individuals are selling Bitcoin while big institutions are buying, which could make Bitcoin more controlled by the institutions. 

He is concerned that Bitcoin could just become another tool for Wall Street. “Bitcoin doesn’t need Wall Street, but Wall Street needs Bitcoin,” he said.

Analyst Ali Martinez also shared a chart that shows Bitcoin’s long-term holders are moving from a phase of extreme optimism into potential “Belief” (expecting the bull run to continue) and “Denial” (fearing a potential market reversal) stage as prices surge above $100,000. 

A Full-Fledged Altseason Next?

Bitcoin’s dominance is fading, which could bring altcoins back, especially if Ethereum beats Bitcoin at the 0.03 level. Ethereum is also down over 2% in the past day, currently trading at $2,552. After a 55% rally in the past week, a pullback is expected around $2,400.

Analysts have observed that market corrections can be volatile, but this doesn’t mean altcoins are dead or the market is over. These dips could be great buying opportunities. 

As long as Bitcoin stays above $98K, the market remains healthy, altcoins have a chance to bounce back. Experts predict a full-blown altseason this June, with many altcoins already beating Bitcoin. 

FAQs

Are institutions buying more Bitcoin in 2025?

Yes, major institutions are leading BTC accumulation while retail investors continue to sell or hold off on buying.

What happens if Bitcoin becomes Wall Street-controlled?

Analysts warn BTC may lose its decentralized value if institutions dominate, shifting power from people to financial giants.

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

Breaking: Pi Network Partners With Banxa and Onramper – Yet Pi Coin didn’t Surge!

Big announcement coming from the Pi Network. On the occasion of Pi2day, Pi Network has…

June 29, 2025

Will XRP Price Hit $10

The Ripple vs SEC is finally on the cusp of wrapping up, with a recent…

June 29, 2025

Senate Passed Trump’s “Big, Beautiful Bill” With 51-49 Vote

The U.S. Senate just gave the green light to President Trump’s widely discussed tax and…

June 29, 2025

Is XRP About to Lead the Next Altcoin Season?

It’s starting to feel like something big is coming for XRP. After months of sideways…

June 29, 2025

Bitcoin, ETH, & XRP Price Prediction for Next Week (30th June 2025 – 05th July 2025)

The broader crypto market is holding steady going into the final days of June, with…

June 29, 2025

Pi Network News: 337M Pi Token Unlock in July – Major Sell-Off Coming

Pi Network, once seen as a quiet underdog, is now facing one of its biggest…

June 29, 2025