Bitcoin Buyers Are 'Paid To Wait,' Glassnode Report Notes: Is That a Good Sign?
Bitcoin spot volume falls to its lowest since 2019 as Treasury yields beat crypto carry returns and institutional demand dries up.
Fewer people are buying Bitcoin right now because other investments like government bonds are paying better returns. When you watch Bitcoin, notice whether people are getting excited again or staying patient on the sidelines.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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