Bitcoin Bulls Go Missing as BTC Upside Volatility Sinks to All-Time Low: Glassnode
Bitcoin failed to participate in a broader rally that saw major equity indices and gold reach record levels following the Federal Reserve’s decision to maintain interest rates steady on July 29. The cryptocurrency remained slightly below levels recorded one week prior and trailed the S&P 500 by more than four percentage points. Oil similarly moved lower as geopolitical tensions eased, but Bitcoin’s stagnation persisted despite significant market activity elsewhere.
A major secur
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