Report: Bitcoin Volume Drops 31% in June, Annual Volatility Falls to Six-Month Low

On July 10, news from Coindesk, a new report from cryptocurrency exchange Kraken showed the monthly market fell 31% in June, bringing Bitcoin year-over-year unchanged to its all-time low. level in six months. According to the report, June was the best month for the Bitcoin market since February, with no market share, with volumes falling to a four-month low of $36.6 billion. The report also revealed that the 30-day relationship between Bitcoin and the S&P 500 was "significant" and rose to 0.65 at the end of June, unlike the difference before this year. During the same month, the 30-day relationship between Bitcoin and gold fell below the 1-year average and fell to -0.49.