Low degree of leverage in the market means reduced price volatility. Bitcoin has been listless in the range of $29,500 to $32,000 in the past four weeks. At press time, the cryptocurrency changed hands at $29,790, representing a 1% loss for the day (UTC), CoinDesk data show.
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- Source: https://www.coindesk.com/markets/2023/07/24/bitcoin-traders-cautious-despite-spot-etf-optimism-leverage-indicators-suggest/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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