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Bitcoin is having its best month in a year - but the retail crowd is looking elsewhere

From morningstar.com

Bitcoin's trading volume recently fell to its lowest level since October 2023, according to Glassnode data. Bitcoin has been trying to claw its way out of a bear market, but trading data suggest investors aren't rushing in to help. The largest cryptocurrency (BTCUSD) traded at around $75,506 Wednesday afternoon - up 12% so far this month and on pace for its biggest monthly gain since April 2025, when it rose 14.3%, according to Dow Jones Market Data. Yet trading activity remains muted. Bitcoin's trading volume recently fell below $8 billion - its lowest level since October 2023, when the benchmark crypto was trading ... (full story)

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  • Category: Fundamental Analysis