BTC Continues Clash With Alameda Gap Despite ETF Approval

The current state of the Bitcoin market reveals notable challenges in liquidity, a crucial aspect measured by Bitcoins market depth. Despite a substantial number of buy and sell orders visible on the Bitcoin depth chart, executing transactions seamlessly remains less than optimal. The market is grappling with limited liquidity, particularly around the prevailing price level, with the lingering influence of the Alameda gap still evident. Major players retreat and market volatility Prominent entities such as Jane Street Group and Jump Crypto have significantly scaled back their...


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