Coinbase's Bitcoin Spot Trading Volume Dominance Returns to Pre-Spot ETF Levels

9/7/2024 8:20:27 AM

According to Ki Young Ju, Coinbase's Bitcoin spot trading volume dominance has returned to levels seen before the introduction of spot ETFs. For the ongoing bull cycle to persist, a rebound in U.S. demand is essential. Ki Young Ju anticipates this resurgence to occur in Q4, although he acknowledges the possibility of being incorrect. He also notes that the market is currently mid-cycle and has not yet experienced the retail bubble. (Source)

Bitcoin Spot ETF Coinbase Q4 bull cycle U.S. demand

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