Bitcoin first-timers have increased their holdings by 140,000 BTC in July, representing a 2.86% rise. Despite Bitcoin often hitting new highs above $100,000, mainstream retail interest has remained low. Nevertheless, recent data from Glassnode indicates fresh capital is entering the market, with new buyers actively purchasing dips in price, particularly below $118,000. Short-term holders have seen their cost basis rise above $100,000, prompting significant buying activity during price corrections. While there have been indications of increased retail interest, particularly in altcoins like Ethereum, mainstream FOMO (Fear of Missing Out) for Bitcoin itself is still relatively subdued compared to historical data. Overall, the current scenario suggests a selective and cautious shift in buyer sentiment, with many investors exploring alternatives in the broader crypto ecosystem.

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