Many traders expect bitcoin to recover toward the $80K level between June and September, Derive said.
Bitcoin traders bet on a rally above $80,000
Many traders expect bitcoin to recover toward the $80K level between June and September, Derive said.
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The Polkadot ecosystem saw a steep fall in transaction volume in the first half of the year.
Technical indicators show Dogecoin is deeply oversold, trading below its 50-day and 200-day moving averages, signaling continued trend weakness.
IBIT fell 1.32% to $59.99 on Thursday.
The VIX has declined sharply since April, recently hitting a five-month low ahead of the seasonally bullish August.