Bitcoin
Bitcoin (BTC)
$80,218.00 -2.59844
Bitcoin price
Ethereum
Ethereum (ETH)
$1,883.96 -8.85593
Ethereum price
BNB
BNB (BNB)
$540.50 -4.26645
BNB price
Solana
Solana (SOL)
$123.01 -3.47175
Solana price
XRP
XRP (XRP)
$2.09 -4.12564
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000116 -4.86961
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000059 -3.20022
Pepe price
Bonk
Bonk (BONK)
$0.0000099 -5.29231
Bonk price
dogwifhat
dogwifhat (WIF)
$0.444845 -3.21298
dogwifhat price
Popcat
Popcat (POPCAT)
$0.153429 -11.65036
Popcat price
Bitcoin
Bitcoin (BTC)
$80,218.00 -2.59844
Bitcoin price
Ethereum
Ethereum (ETH)
$1,883.96 -8.85593
Ethereum price
BNB
BNB (BNB)
$540.50 -4.26645
BNB price
Solana
Solana (SOL)
$123.01 -3.47175
Solana price
XRP
XRP (XRP)
$2.09 -4.12564
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000116 -4.86961
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000059 -3.20022
Pepe price
Bonk
Bonk (BONK)
$0.0000099 -5.29231
Bonk price
dogwifhat
dogwifhat (WIF)
$0.444845 -3.21298
dogwifhat price
Popcat
Popcat (POPCAT)
$0.153429 -11.65036
Popcat price
Bitcoin
Bitcoin (BTC)
$80,218.00 -2.59844
Bitcoin price
Ethereum
Ethereum (ETH)
$1,883.96 -8.85593
Ethereum price
BNB
BNB (BNB)
$540.50 -4.26645
BNB price
Solana
Solana (SOL)
$123.01 -3.47175
Solana price
XRP
XRP (XRP)
$2.09 -4.12564
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000116 -4.86961
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000059 -3.20022
Pepe price
Bonk
Bonk (BONK)
$0.0000099 -5.29231
Bonk price
dogwifhat
dogwifhat (WIF)
$0.444845 -3.21298
dogwifhat price
Popcat
Popcat (POPCAT)
$0.153429 -11.65036
Popcat price
Bitcoin
Bitcoin (BTC)
$80,218.00 -2.59844
Bitcoin price
Ethereum
Ethereum (ETH)
$1,883.96 -8.85593
Ethereum price
BNB
BNB (BNB)
$540.50 -4.26645
BNB price
Solana
Solana (SOL)
$123.01 -3.47175
Solana price
XRP
XRP (XRP)
$2.09 -4.12564
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000116 -4.86961
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000059 -3.20022
Pepe price
Bonk
Bonk (BONK)
$0.0000099 -5.29231
Bonk price
dogwifhat
dogwifhat (WIF)
$0.444845 -3.21298
dogwifhat price
Popcat
Popcat (POPCAT)
$0.153429 -11.65036
Popcat price

Bitcoin’s rally to $80k not driven by retail FOMO, Gemini’s Winklevoss says

Dorian Batycka
Edited by
News
Bitcoin’s rally to $80k not driven by retail FOMO, Gemini’s Winklevoss says

As Bitcoin reached a new all-time high, Gemini co-founder Cameron Winklevoss suggested the real rally is yet to come.

Bitcoin (BTC) has still room to grow as the recent spike to a new all-time high was not driven by retail fear of missing out, Gemini‘s co-founder Cameron Winklevoss speculates.

In an X post on Nov. 11, he rebuffed theories that the price spike above $80,000 was fueled by retail investors, implying that the surge was likely triggered by “steady ETF demand.”

“People buy ETFs, they don’t sell them. This is sticky HODL-like capital. Floor keeps rising.”

Cameron Winklevoss

Although Winklevoss provided no timeframe nor scenario for retail traders’ comeback, he noted that Bitcoin’s surge is barely the beginning of a new rally, though Winklevoss did not specify a timeline for when retail traders might return.

Cameron Winklevoss’ comments echo expectations from other analysts and traders who expect that Bitcoin’s rally could push it past the $100,000 mark. Some, like Dan Tapiero, CEO of 1RoundTable Partners, expect Bitcoin could exceed $100,000, with Tapiero eyeing $350,000 in the long term.

However, some caution remains. CryptoQuant CEO Ki Young Ju warned of potential market corrections, citing “overheated” indicators in Bitcoin futures. In a Nov. 9 post on X, he particularly noted that a correction could bring Bitcoin’s price down to $58,974 before the rally potentially extends.

As of press time, Bitcoin is trading at $80,974, with a market capitalization exceeding $1.6 trillion.