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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

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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