Bitcoin Selloff Drew Spot Volume, But Demand Lacked Follow-Through: Glassnode
On-chain analytics firm Glassnode has highlighted how the Bitcoin Spot Volume spiked during the price drawdown, but it has since cooled off. Bitcoin Spot Volume Shot Up During The Selloff In its latest weekly report, Glassnode has talked about the latest trend in the Bitcoin Spot Volume. This on-chain indicator measures the total amount of […]
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Data shows the Bitcoin spot trading volume has declined to lows not seen since the selloff in the summer of 2021. Bitcoin Trading Volume Sinks To Lowest Level Since Summer Selloff As per the latest weekly report from Arcane Research, the BTC spot volume has observed a significant drop off in the last week, taking […]
On-chain analytics firm Glassnode has pointed out how Bitcoin spot ETF inflows are still not at the intensity seen during previous rallies this cycle. Bitcoin Spot ETF Inflows Are Currently Under 1,000 BTC Per Day In a new post on X, Glassnode has talked about the latest trend in the inflows of the spot exchange-traded […]
On-chain data shows the Bitcoin Spot Volume has witnessed a rebound alongside the latest price rally, indicating a return of trading interest. Bitcoin Spot Volume Has Gone Up Recently In a new post on X, on-chain analytics firm Glassnode has talked about the latest trend in the Bitcoin Spot Volume. The “Spot Volume” here refers […]
Data shows Bitcoin spot exchange-traded funds (ETFs) have seen netflows flip red, implying a slowdown in demand among institutions. Bitcoin Spot ETFs Have Switched To Net Outflows Recently In a new post on X, on-chain analytics firm Glassnode has discussed about the latest trend in the netflow of the US Bitcoin spot ETFs. The spot […]
Data shows the Bitcoin spot trading volume has shot up recently, and has created a new high for the year 2022 so far. Bitcoin Spot Trading Volume Observes Sharp Uptrend As per the latest weekly report from Arcane Research, the 7-day average BTC volume has now hit a new yearly high of around $11.4 billion. The “spot trading volume” is an indicator that measures the total amount of Bitcoin being transacted on spot exchanges on any given day. When the value of this metric is high, it means a large number of coins are observing movement in the spot markets. Such a trend shows....