However, one metric that saw a slight positive bump is the number of active institutional traders in the digital currency sector. 9% of the participants said they are currently trading crypto, up from 8% in 2023. Meanwhile, 12% of the traders said they plan to trade crypto within the next five years.
Bitcoin (BTC) Price Is In a ‘Bore to Death’ Phase. When Will the BTC Rally Resume?
The current period resembles the action from April through September of 2023 when bitcoin was stuck in the $25,000-$30,000 range...