Wu Blockchain has learned that K33 Research stated that the Bitcoin market remained sluggish in July, with the monthly average spot trading volume expected to hit its lowest level since November 2023. The report noted that BTC has dropped about 3% over the past week, fluctuating within the $60K to $66K range. CME Bitcoin futures open interest remains at multi-year lows, while perpetual contract open interest is around 300K BTC. The daily average spot trading volume in July is approximately $2.2 billion, indicating a continued decline in market participation. https://(wublock123.com)/news/k33-research-july-bitcoin-spot-volume-hits-2023-nov-low-65544