Nasdaq seeks approval to launch Bitcoin options

Go back to Nasdaq seeks approval to launch Bitcoin options

Crypto on- and off-chain metrics remain subdued: Citi

August 26, 2024 9:23 AM UTC

On- and off-chain metrics within the cryptocurrency market remain subdued, analysts at Citi Securities said in a recent report. The analysis points to several key factors that indicate a cooling interest in the sector, with diminished search trends, declining network engagement, and low futures funding rates as central themes.

Search interest, a proxy for retail engagement, has dropped significantly. After a brief resurgence, Google search volumes for both... More