Do you think all this will make people to drop out of crypto and leave it to the people who have high wealth only?
People that want to invest will not be bothered with what ever bitcoin might bring in price, crypto is literally for everyone, it does not matter weather you are rich or not, because no matter the amount of money you have can be use to invest in bitcoin all that matters is that you have interest and you have quite some amount of money to invest. You don’t need much to invest but if you have good capital it will be of more benefit.
No. It is the sign that more money is going in to crypto and those that are existing here won't think about getting out anytime soon. We're not yet on the peak of the bull run and that's why people won't be thinking of dropping out anytime soon. Many are going to leave when we're already on the bear market but as of this time, I don't think that's what on the mind of the most when we're not yet seeing the best of Bitcoin. But it's true that a lot has changed for the last 6 years.
Daily cryptocurrency records demonstrate that new investors are constantly purchasing bitcoin. Despite the current state of the market, people will continue to buy and sell, with many selling during bear markets and others losing patience. We have yet to witness a significant profit period. Over the past six years, a lot has changed in terms of pricing and the number of investors, who continue to rise in number.