Bitcoin (BTC) has climbed above $65,000 on Monday as improving onchain activity, recovering US spot Bitcoin exchange-traded fund (ETF) flows, and stabilizing derivatives point to a more balanced market, according to Glassnode. In a report on Monday, the firm stated that while the recent Bitcoin price rebound remains intact, declining spot volumes suggest investors are still waiting for stronger conviction before driving the next major move. Spot trading volumes fell below the lower statistical band of $4.5 billion, indicating that investors remain cautious. "This persistent lack of liquidity suggests a period of ... (full story)