Bitcoin Is Set for Monthly Drop While ApeCoin Whipsaws NFT Token Fans
“Bitcoin, despite all the positive news on adoption by institutions, still failed to gain traction higher on the poor macro backdrop, specifically rate hikes in the U.S.,” said Teong Hng, chief executive of Hong Kong-based crypto investment firm Satori Research. “Interest from retail has also decreased as we see the funding rates between futures and physical collapsed.”