SuperTrading_Master

BTC recovered slightly then continued to decline

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Investors have been closely watching the central bank's actions, which are characterized by unprecedented stimulus measures and a general lack of consensus on the future direction of policy.

In turn, this macroeconomic uncertainty has created a ripple effect in the cryptocurrency market, causing many investors to take a more cautious approach. Instead of engaging in frequent, high-volume spot trading, more and more participants are choosing to take a long-term view of their cryptocurrency holdings.

The sharp decline in Bitcoin spot trading volume may also be due to a complex interaction of factors, including leading macroeconomic uncertainties.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.