Bitcoin Spot Volume Nose Dives To Lowest Since Summer Selloff
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 […]
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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 […]
On-chain data shows the Bitcoin spot volume has observed a notable decline, something that could make the market more sensitive to flow shifts. Bitcoin Spot Volume Has Gone Through A Decline Recently As highlighted by on-chain analytics firm Glassnode in an X post, the Bitcoin Spot Volume has declined to multi-year lows. The “Spot Volume” […]
An Arcane Research report has revealed that Bitcoin daily trading volume has dipped to the lowest point of 2021. Bitcoin Activity Seems To Be Slowing Down As BTC’s price continues to stagnate, the daily trading volume on the leading spot exchanges has dropped to the lowest it has ever been in the year 2021. Here […]
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 […]
As the bitcoin price plunged below the $200 mark, hitting a low of $170.08, holders of the cryptocurrency sold the asset in a surge of millions of orders across bitcoin exchanges globally. With the price teetering on the brink of the $200 level around 07:20 (GMT), global exchange trading volume began to pick up. The number of trades per minute executed on exchanges tripled, from around 1,000 to 3,370 at its peak, according to data from Bitcoinity. As trading velocity spiked, the total amount of volume hitting exchange order books grew to a high of 183,000 BTC (roughly $36.6m). While....