Bitcoin Dips Below $62.5K as CoinDesk’s BTC Trend Indicator Turns Neutral

“Despite the downturn, trading volumes remained robust, with BTC Spot ETFs recording a weekly trading volume of approximately $16.2 billion, averaging $3.2 billion per day,” Matteo Greco, Research Analyst at Fineqia said in a note shared with CoinDesk. “The cumulative trading volume since inception now stands at around $212 billion, with an average daily trading volume of approximately $3.3 billion.”