‘Sleepy July’: K33 says bitcoin spot volume on track for weakest month since late 2023
The Block·
60-second summary
Bitcoin spot trading activity is on track for its weakest month since late 2023, according to K33, with July's volume lagging behind previous years. Derivatives markets remain subdued, further contributing to the sluggish trading environment. This trend suggests a lack of investor enthusiasm, potentially impacting the overall market momentum and price stability.
K33 says bitcoin spot trading activity is headed for its weakest month since late 2023 as derivatives markets remain subdued.