Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
ANALYSIS: Bitcoin Exchange Volume Momentum Indicator Shows Continued Decline in Exchange-Related On-Chain Activity

ANALYSIS: Bitcoin Exchange Volume Momentum Indicator Shows Continued Decline in Exchange-Related On-Chain Activity

Bitget2024/09/01 22:35

Crypto analyst Ali said on social media platform X that the Bitcoin Exchange Volume Momentum Indicator shows a continued decline in on-chain activity associated with exchanges, which typically indicates lower investor interest in Bitcoin and a decline in network usage.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!