Markets· ★★★· neutral·

CryptoQuant: Bitcoin volume recovery still too weak for a new all-time high

  • —Binance BTC spot volume rose to $50B in September from $42B in July
  • —Bybit grew to $19B from $14B, Kraken doubled to $8B from $4B
  • —US spot Bitcoin ETFs drew $241M in net inflows in the week of Sept 28–Oct 2
  • —US spot Ethereum ETFs saw $138M in net outflows over the same period
Why it matters: Without faster spot volume growth and stronger demand, Bitcoin's rally may fall short of a new all-time high.
#BTC#ETH
Source: Coin Türk
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