How Spot Markets Drove Bitcoin to $106K With $45M Daily Buys on Coinbase
Bitcoin’s explosive rise to $106,000 earlier this week was largely fueled by intense spot market demand, with Coinbase alone registering $45 million in daily net buying pressure, according to the latest report from Glassnode. Spot Market Demand Fuels Rally Unlike past rallies that were often driven by leveraged positions in the derivatives market, this uptrend […]
