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Bitcoin’s recent gains have traders calling a bottom, but various metrics remain bearish -Breaking

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Bitcoin’s recent gains have traders calling a bottom, but various metrics remain bearish

A total of $1.3 trillion was in reach for crypto’s market capitalization on May 30, and it gained 4%. It was sufficient to wipe out the seven-day losses and was led mainly by the’s (BTCThis time, there was a 4.9% increase in sales.

Source: TradingView TradingView

Other than Bitcoin (ADAThe only major cryptocurrency with positive performance of 4.5% was, Ether (ETH), BNB, (XRP(SOL() did not show weekly gains.

Weekly losers and winners among top 80 coins Source: Nomics
(USDT) peer-to-peer vs. . Source: OKX
Rate of accrued perpetual futures financing rate as at May 30, Source: Coinglass