The world’s largest cryptocurrency has been languishing around $47,000, well below early November’s highs of nearly $69,000.
The malaise surrounding Bitcoin runs far deeper than its price.
The world’s largest cryptocurrency has been languishing around $47,000, well below early November’s highs of nearly $69,000. A look under the hood helps explain why: Trading volumes have dried up, futures open interest is plunging and the number of active addresses has stalled out.
Taken together,…
Source link
