Bitcoin Retail Demand Declines as 30-Day Change Rate Turns Negative

According to analyst Darkfost, retail demand for Bitcoin has waned, with the 30-day change rate for on-chain transfers between $0 and $10,000 falling from over 17% to -3.5%. This metric, which tracks small-scale investor activity, suggests that the retail interest that accompanied Bitcoin's rise from $65,000 has largely dissipated.