Bitcoin Trading Slows on Coinbase as $60,000 Price Target Proves Challenging

Wednesday, 10 July 2024, 15:45
The latest data reveals a slowdown in Bitcoin trading among US investors on Coinbase, signaling potential market hesitation. Key on-chain metrics indicate a decline in trading activity, with the price facing resistance at the $60,000 level. Investors are closely watching the ongoing struggle for price sustainability and market sentiment.

Bitcoin (BTC) Trading Activity Decline on Coinbase

The latest data indicates a slowdown in Bitcoin trading among US investors on Coinbase.

Price Struggles for $60,000 Reclaim

Key on-chain metrics suggest a decline in trading activity with the price facing resistance at $60,000.

Market Hesitation

Investors are closely monitoring the ongoing struggle for price sustainability and market sentiment.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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