Beyond price changes, trading volume and open interest should also be considered.
For example, this item here: Circle generated about $1.4 billion in revenue in the first half of the year, of which $819 million was paid to partners and spent on transaction fees, $BTC , with a trading volume of 1.126 billion.
It looks positive on the surface; how much impact it actually has is for the market to decide.
For example, this item here: Circle generated about $1.4 billion in revenue in the first half of the year, of which $819 million was paid to partners and spent on transaction fees, $BTC , with a trading volume of 1.126 billion.
It looks positive on the surface; how much impact it actually has is for the market to decide.