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BTC $60,895.29 -2.95%
ETH $1,561.94 -7.89%
BNB $574.74 -2.12%
XRP $1.08 -3.92%
SOL $62.24 -6.97%
TRX $0.3192 -2.41%
DOGE $0.0800 -6.50%
ADA $0.1535 -6.77%
BCH $209.10 -11.58%
LINK $7.23 -6.12%
HYPE $59.21 -4.72%
AAVE $60.11 -12.00%
SUI $0.6868 -5.76%
XLM $0.1939 -1.80%
ZEC $367.49 -3.24%

Matrixport: Although there has been a rebound in recent days, it is still in a range where stablecoin growth has nearly stagnated and trading volume is relatively low

2024-07-17 16:12:18
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ChainCatcher message, Matrixport released today's icon showing that Bitcoin has recently been in a period of turbulence and challenges. Although there has been a rebound in recent days, it remains in a range where stablecoin growth is almost stagnant and trading volume is relatively low.

In the long term, if a significant rebound occurs afterward, this consolidation may be bullish.

Recent factors triggering the rebound include developments in U.S. politics and the potential launch of Ethereum spot ETFs.

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