On August 16, on-chain analytics firm Glassnode released its weekly report on the cryptocurrency market. Despite the rejection of the Clarity Act in the Senate and the selling of altcoins, the decline in Bitcoin (BTC) remains limited.
However, there is no new demand, with on-chain capital inflows stagnating and ETF (Exchange-Traded Fund) capital flows turning negative. The supply of stablecoins remains flat, and corporate purchases have also ceased...
