According to a K33 Research report, Bitcoin is experiencing its weakest month since November 2023. Over the past week, BTC fell 3% to approximately $63,300, continuing to consolidate narrowly within the $60,000 to $66,000 range. July's daily average spot trading volume was only about $2.2 billion, CME open interest approached multi-year lows, and perpetual contract open interest stagnated at around 300,000 BTC.
Source: TechFlow Crypto News · Original