K33 Research: BTC Trading Volume in July Hits Lowest Since 2023
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K33 Research: BTC Trading Volume in July Hits Lowest Since 2023
According to a K33 Research report, Bitcoin is experiencing its weakest month since November 2023. Over the past week, BTC fell 3% to approximately $63,300, continuing to consolidate narrowly within the $60,000 to $66,000 range. July's daily average spot trading volume was only about $2.2 billion, CME open interest approached multi-year lows, and perpetual contract open interest stagnated at around 300,000 BTC.
TechFlow news, July 29, according to a K33 Research report, Bitcoin is experiencing its weakest month since November 2023, with BTC falling 3% over the past week to approximately $63,300, continuing to consolidate narrowly within the $60,000 to $66,000 range. July's daily average spot trading volume was only about $2.2 billion, CME open interest approached multi-year lows, and perpetual contract open interest stagnated at approximately 300,000 BTC.




