Crypto whales, or large traders, are staying on the sidelines of the bitcoin (BTC) market despite a risk reset in traditional markets because thin liquidity is making transacting without impacting the cryptocurrency’s price difficult.
In signs of the increasing appetite for risk, stocks have gathered upside traction while the U.S. dollar has taken a beating on optimism that China’s reopening is gaining steam and the Federal Reserve may be close to winding up its liquidity-tightening cycle….
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