Ahead of the curve - December 6

Apart from a positive market reaction to Powell’s speech, markets stayed directionless last week, as BTC has spent the first 6 days of December floating in a narrow trading range near $17,000. The slowdown is reflected in severely reduced trading volumes.

Apart from a positive market reaction to Powell’s speech, markets stayed directionless last week, as BTC has spent the first 6 days of December floating in a narrow trading range near $17,000. The market slowdown is reflected in severely reduced trading volumes in spot and derivatives markets, and the last month seems to have caused market participants to shy the crypto market.

We cover the state of the market, in this sixth edition of our new market report, "Ahead of the curve". 

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