
Bitcoin trading activity cools as market liquidity contracts and investor caution grows
Bitcoin still awaits clearer signs indicating which path the macroeconomic scenario is heading.

Get the latest Bitfinex news, from exchange products and listings to regulatory developments, trading activity, and company updates.

Macro landscape holding Bitcoin in a consolidation range for over 90 days raised risks of the deeper correction.

Short-term holders realize losses as the potential for further downside mounts.

Bitcoin's correlation with the S&P 500 is still high, while gold correlation decreases.

Bitcoin's fate is tied to short-term holder trends and institutional demand with Trump's inauguration causing market jitters.

The cost of holding non-yielding assets like Bitcoin rises when Treasury yields spike.

The demand is met with shrinking sell-side liquidity, but analysts suggest short-term further downside.



