Speculative Interest in BTC Fades Across Traditional Markets, On-chain Data Shows
Besides the decline in speculative and leveraged appetite for BTC exposure, spot demand has also pulled back. Analysts at the market research firm Glassnode have highlighted on-chain data indicating a weakening of speculative appetite for bitcoin (BTC) in traditional finance (TradFi) markets. According to a tweet from the firm, most TradFi channels for Bitcoin exposure...
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0