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Have traders lost the appetite for bitcoin?

Have traders lost the appetite for bitcoin?

The Weekly Update - Week 22

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K33 Research
Jun 08, 2021
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Have traders lost the appetite for bitcoin?
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Highlights from this week’s report

Market Update

  • Last week’s recovery attempt faded, and we dropped lower again this morning. Sentiment has certainly changed; lower activity on exchanges, futures premiums are almost gone, and on-chain activity decreases sharply.

  • The bitcoin volume is now at the lowest level seen in 2021, as traders have certainly lost the …

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