Bitcoin Remains in ‘Subdued and Low-Conviction Market’ Despite Bounce: Glassnode
The post Bitcoin Remains in ‘Subdued and Low-Conviction Market’ Despite Bounce: Glassnode appeared on BitcoinEthereumNews.com.
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Bitcoin and crypto markets are still deep in bear territory despite this week’s bounce, according to analysts. ‘;
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Summarize with AI
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Bitcoin remains within a “subdued and low-conviction market environment, with weak spot activity,” reported on-chain analytics provider Glassnode on Wednesday. It added that spot trading volume “remains soft,” noting that with Binance’s 30-day relative volume still sitting below the 1.0…
Filed under: News - @ April 9, 2026 6:27 am