Bitcoin trades supra $110,000 today, portion Google Trends information for “bitcoin” sits astatine 38.
This afternoon, a Midtown Manhattan barista volition glimpse astatine a telephone ticker showing $110,630. He’ll motion and support steaming milk.
The temper lines up with the information arsenic searches for the connection person stayed successful the low-40 set for months, the aforesaid scope seen erstwhile Bitcoin outgo nether $30,000.
Perhaps we’re present entering “FIAMO,” abbreviated for fearfulness I already missed out.

Big wealth is moving instead. BlackRock’s iShares Bitcoin Trust regularly brings successful aggregate times much than miners create. Bitwise main Hunter Horsley noted the contrast. “Public interest, particularly among mean investors, has substantially dropped,” helium told FinanceFeeds, “even arsenic terms rockets to caller highs.”
Numbers backmost FIAMO Narrative
Exchange measurement numbers backmost the FIAMO communicative arsenic Coinbase cleared $78 billion successful retail trades during the archetypal 4th of 2025, hardly fractional the mean seen successful 2021.
The speech saw explosive maturation successful 2021 arsenic retail enactment ballooned much than 7-fold versus 2020, mirroring the wide crypto bull run. Then, crypto wintertime deed retail hardest, volumes fell 69% successful 2022 and different 55% successful 2023.
A rebound successful prices, support of U.S. spot-Bitcoin ETFs, and improved marketplace sentiment drove retail measurement up 195 % year-on-year successful 2025. Now, Q1 2025 retail spot measurement is down from the exceptional Q4 2024 but inactive supra immoderate 4th successful 2023, helped by Bitcoin’s caller all-time highs aboriginal successful the year.
People can’t oregon won’t bargain a full coin, and galore inactive consciousness that fractions look similar scraps.
While unit bias is conscionable arithmetic, it is precise almighty psychologically. Exchanges propulsion to “buy $10 of BTC,” yet a six-figure sticker keeps newcomers frozen. Owning 0.001 BTC feels small, adjacent though it equals the afloat spot terms of 2013. Until wallets speech successful satoshis, that intelligence artifact volition linger.
Also, memories of the 2022 wipe-out inactive sting, with galore awaiting redemptions oregon having mislaid sizeable sums. FTX, Celsius, and Three Arrows vanished successful weeks, erasing beingness savings and confidence. Many tiny traders promised themselves they would ne'er pursuit parabolic charts again. That committedness present shows up successful each level hunt curve.
Veteran desks accidental the lull volition not last arsenic superior that flows done ETFs often filters into broader retail channels later, erstwhile friends and household announcement the gains connected status statements. A akin lag followed the gold-ETF roar successful 2005. So the adjacent question whitethorn get with a gentler face, automatic paycheck purchases alternatively than late-night leverage.
However, pension funds successful Wisconsin won’t spot the gains anymore aft it sold each of its Bitcoin ETF holdings for a sizeable profit.
Still, quiescent hunt charts person fooled the assemblage before. In past cycles, the Google curve peaked months aft terms highs, erstwhile headlines seeped done to casual investors. If past rhymes, FIAMO could flip backmost to plain aged FOMO.
Politics and Bitcoin
Politics present besides adds different furniture to the Bitcoin and crypto Zeitgeist. President Donald Trump believes that “Our state indispensable beryllium the person successful the field” and is simply a staunch Bitcoin proponent, aiming to rotation retired a Strategic Bitcoin Reserve. The shift successful Trump’s cognition to Bitcoin turns Bitcoin from a rebel plus to a authorities resource, a displacement that can’t assistance but dull the thrill for immoderate play traders, particularly those extracurricular the US with a ‘less than favorable’ presumption of the man.
Aligning Bitcoin truthful intimately with right-of-center authorities is apt to negatively impact those connected the different broadside of the governmental spectrum. However, I judge the blasted for politicizing Bitcoin is bipartisan. Politicians who revile Trump’s broader policies should compartmentalize Bitcoin from those issues.
Bitcoin has nary enactment and nary authorities wrong the accepted fiscal system.
Until we are escaped from fiat, it is Bitcoin oregon nothing.
As Satoshi said,
“Maybe alternatively marque it astir the unfastened root task and springiness much recognition to your dev contributors; it helps motivate them.”
For now, the signals are plain: ETFs soak up supply, argumentation wraps bitcoin successful reserve language, and Google’s inclination enactment hardly moves.
The largest integer plus continues to smash each conceivable records portion astir onlookers hardly look up.
The station Nobody cares – Fear I Already Missed Out whitethorn beryllium overpowering FOMO successful Bitcoin market appeared archetypal connected CryptoSlate.