The Financial Times, perhaps THE arch-critic of cryptocurrencies over the past decade, has conceded that Bitcoin might just have a purpose. It’s just the latest data point that there is a great shift happening in how people view crypto, from ex-President Donald Trump to Larry Fink. They may not fully grasp what’s going on (who does?), but they sense it’s important.
Bitcoin’s (BTC) Recent Weakness Has Not Been Isolated to Crypto Markets, Coinbase Says
“The average weekday spot volume on CEXs during 1Q24 was $18.8 billion, more than eight-fold the $2.3 billion daily volume...