K33: BITCOIN RECORDED THE LOWEST TURNOVER SINCE 2023 IN JULY

On 29 July, K33Research wrote that bitcoin had continued to be narrowly organized over the past week between $60,000 and $66,000. On average, only $2.2 billion was traded on a spot as at July, while CME open contracts were close to the low point of many years, with the unremitting contracts stagnating at about 300,000 bitcoins. Bitcoin recorded the lowest trade since November 2023 in July。