It’s been another one of those weeks for Bitcoin, where the price did what I do when I go jean shopping: it hovered indecisively, tried squeezing up past $110,000, then promptly retreated. One imagines the price sitting on the edge of the financial pool, wondering whether to actually get in, or just dangle its toes and ask if anyone else is feeling “a weird vibe.”
But let’s talk about the real showstopper: retail investors. You know, the average Joes and Janes whose grandkids are probably the only ones listening when they talk about “buying the dip.” Well, they’ve taken a group sabbatical. On-chain data says their absence is causing some rare drama in the Bitcoin universe—like the cast of Real Housewives going on a wellness retreat.
So, The Mempool Is Basically the Waiting Room at the DMV?
On July 4, while America celebrated independence and blew up things with questionable safety instructions, Joao Wedson, who apparently moonlights as both CEO and Twitter philosopher, piped up to note BTC’s network was uncharacteristically… chill. Picture an airport with three flights a day and one guy in security. It’s so slow, the mempool—Bitcoin’s stuffy waiting room where transactions lurk before confirmation—has gone virtually empty.
If you usually imagine the mempool as some kind of mosh pit for crypto transactions, imagine it now as a yoga retreat. It’s empty, it’s serene, and no one even farted during downward dog. Most transactions? Gone. Everyone else? Refreshing their wallets, wondering whether they still matter.
The data experts at Alphractal have confirmed it: the Bitcoin Mempool Transactions chart is, as the kids used to say, not lit. This vacuum, with almost no transactions waiting in the wings, is basically code for: Retail investors are missing—and nobody even left a sticky note.
One day, when the mempool fills up again, we’ll know it: there will be lines, delays, and probably someone cursing about “gas fees” in a Starbucks. But for now, it’s all tumbleweeds and existential dread.
Does Anyone Care About Price Anymore?
Here’s where it gets spicy: The experts say that an empty mempool and sluggish transactions are not good for Bitcoin’s price. It means nobody’s buying, nobody’s selling, and, let’s be honest, nobody’s at the party except for a handful of institutional investors who don’t dance anyway.
But plot twist—just as you’re about to write your “Bitcoin Is Dead” blog post, institutional investors and spot ETFs sashay in, clinking glasses and carrying briefcases full of optimism. Bitcoin’s price has actually held out, largely thanks to these suits, who’ve funneled money into spot ETFs with the regularity of a Roomba inching around a room.
Right now, Bitcoin is at about $107,700—down 2% in the last 24 hours, which in crypto time is a single heavy sigh. But, on the bright side, it’s up 5% in two weeks. If only my houseplants were this resilient. 🍃
Read More
- SPX PREDICTION. SPX cryptocurrency
- STETH PREDICTION. STETH cryptocurrency
- SHIB PREDICTION. SHIB cryptocurrency
- Silver Rate Forecast
- USD PHP PREDICTION
- USD MYR PREDICTION
- XRP PREDICTION. XRP cryptocurrency
- TRX PREDICTION. TRX cryptocurrency
- EUR USD PREDICTION
- INR RUB PREDICTION
2025-07-05 20:43