(Bloomberg) — A funny thing happened to Bitcoin as interest rates started to rise: trading volumes went way down. Now market-watchers are grappling with the implications and what a world of less-loose monetary policy means for digital assets.
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The aggregate 30-day moving-average volume for Bitcoin across Coinbase, Bitfinex, Kraken and Bitstamp is at its lowest level since August 2021, according to data compiled by Strahinja Savic at FRNT Financial. Over the last month,…
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