Bitcoin price remains steady due to cash-and-carry trading and lower volume, staying sideways

From Cointelegraph: 2024-06-19 16:07:12

Bitcoin’s price remains steady due to cash-and-carry trading and lower trading volume. The equilibrium between buyers and sellers is influencing BTC’s price with a sideways trend.

Cash-and-carry trading and decreased trading volume are key factors in Bitcoin’s stable price. The balance between buyers and sellers is causing BTC to trade sideways.

Read more at Cointelegraph: Why is Bitcoin price stuck?