Part 3/9:
The second is retail investor FOMO. As Bitcoin’s price continues to climb, more individual investors are eager to join the bandwagon, fearing they may miss out on potential gains. To put this into perspective, only five years ago, in 2016, there were around five million people holding accounts on crypto exchanges. By the last quarter, this figure surpassed 100 million, not counting the millions more purchasing via platforms like PayPal and Square, which broaden accessibility.