BUSINESSTHE BLOCK
‘Sleepy July’: K33 says bitcoin spot volume on track for weakest month since late 2023
K33 reports that Bitcoin spot trading volume is expected to be the weakest in July since late 2023, with derivatives markets also showing subdued activity.
Related Signal
Adjacent reporting
- Bitcoin’s early July bounce rides thin summer liquidity as half of supply still sits underwater: analysts
- Bitcoin's July gains may be fleeting as U.S. demand stays weak
- Bitcoin demand gauge sinks to worst level since December as spot buying weakens
- Spot bitcoin ETFs record worst month since debut, shedding $4.5 billion in June
- Bitcoin price gains nearly 10% in July, but traders still see BTC copying 2022 bear market