Bitcoin's spot volume tells a different story, hitting a 30-month low
This observation indicates a period of tranquility for Bitcoin, a phenomenon that is currently being mirrored by Ethereum , the second largest cryptocurrency by market cap.Bitcoin exchange balances have also seen a sharp drop, reminiscent of levels witnessed at the beginning of 2018. This trend may suggest an increasing preference for long-termThe flagship cryptocurrency is changing hands at $29,278 on the Bitstamp exchange after logging a marginal increase of 0.3% over the last 24 hours.
Bitcoin's trading activity is currently showing highly anemic characteristics despite the flurry of exchange-traded fund
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