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Indicators show retail remains sidelined as Bitcoin trades at new highs - Coin Surges
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Indicators show retail remains sidelined as Bitcoin trades at new highs - Coin Surges
Despite Bitcoin (BTC) reaching a new all-time high at $111,965.80 on May 22, retail adoption and on-chain gauges indicate speculative leverage has not stretched market conditions. VanEck head of digital assets research Matt Sigel shared App-store data compiled by Bloomberg Intelligence, showing crypto-platform downloads fell 14% year-over-year in April. Binance and Crypto.com downloads dropped 29% and 41%, respectively, with Coinbase off 16%. Si…
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