Following Bitcoin’s recent halving event, market analysts are closely eyeing the role of liquidity in shaping the cryptocurrency’s trajectory over the coming months.Liquidity refers to the ease with which an asset can be bought or sold without significantly impacting its price. Recent data suggests that BTC’s liquidity has been steadily improving since the lows witnessed in the aftermath of the FTX collapse, particularly with the approval of spot Bitcoin ETFs.
Since the halving on April 20th, bitcoin’s aggregated market depth has shown promising growth, increasing from $323.91 million on April 14th to $419.97 million by April 22nd.
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