Glassnode Report: BTC Recovery Fails to Inspire Investor Confidence
CryptoNewsTerminal Staff10 Sep, 2024
Glassnode Report: BTC Recovery Fails to Inspire Investor Confidence
Despite a recent uptick in Bitcoin's price, crypto investors remain hesitant, exhibiting a lack of short-term confidence, according to a report by Glassnode. The report highlights a significant decline in exchange net flows over the past quarter, indicating reduced trading activity. However, participants anticipate a potential trend reversal in the upcoming fourth quarter.