Bitcoin Rally ($BTC ) is fueled by buyers from the USA. What does this mean for the market?
The Coinbase Premium index shows high demand from American institutional investors.
The Korea Premium index remains negative, reflecting weak interest from retail investors.
The skew in the rally raises concerns about imbalances in the global BTC market.
In July, Bitcoin (BTC) reached new all-time highs. However, two key indicators show that the rally is primarily linked to activity in the USA.
The divergence in trading activity between the USA and Korea is increasing. This raises questions about uneven global participation and risks for the Bitcoin (BTC) market.
