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Retail FOMO Goes Missing as Bitcoin Pushes Closer to Its Record

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#Bitcoin
$BTC
Bloomberg
151Words
Oct 17, 2024

There are signs that retail investors are still mostly on the sidelines when it comes to Bitcoin, even as institutional demand pushes the original cryptocurrency closer toward a record high. This may indicate that the market force known as fear of missing out, or FOMO, has yet to set in among individual investors — despite the fact that Bitcoin is only about 9% below the all-time peak of $73,798.

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