Bitcoin Trading Volume Continues To Remain At Unusually Low Values
Data shows the Bitcoin trading volume has continued to remain at unusually low values recently as market activity remains muted. Bitcoin 7-Day Average Spot Trading Volume Stays Below $4 Billion This Week As per the latest weekly report from Arcane Research, the BTC trading volume did observe a slight increase in the past week, but […]
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Leading Bitcoin mining company Riot Blockchain announced its plans to expand its operations, via a press release. The expansion will allow the public company to increase its mining and hosting capabilities in different stages in the Navarro Country, Texas, the United States. Related Reading | Bitcoin Trading Volume Continues To Remain At Unusually Low Values The […]
Despite the price of Bitcoin soaring and making a new all-time high, the crypto’s spot trading volume remains shockingly low. Bitcoin Trading Volume Is Unusually Slow As per the latest weekly report from Arcane Research, while the price of BTC shows strong momentum up, the trading volume has been unusually low. The “daily spot trading […]
Data shows the Bitcoin trading volume has continued to remain at low levels this week, weakening the latest rally in the crypto’s price. Bitcoin Spot Trading Volume Has Recently Stabilized At Low Values As per the latest weekly report from Arcane Research, the BTC spot volume has continued to stabilize at relatively low values this week. The “daily trading volume” is an on-chain indicator that measures the total amount of Bitcoin being transacted on the network on any given day. When the value of this metric goes up, it means a higher number of coins are moving on the....
The blockchain, which had been touted for its ability to handle a high volume of transactions, was brought down by an unusually high number of transactions.
Unusually high trading volume can be an indication that a crypto asset's price is on the rise. While the crypto markets are clearly led by the swings of Bitcoin and Ethereum, outliers are frequent — and identifying them is often what separates the average traders from the great ones.Compared to the gains-fest of the first few months of 2021, June has been a rather bleak time for crypto investors. Digital asset prices were mostly stagnant and massive rallies were rare, leaving traders to do the hard guesswork: Which asset will do better than most others that are either going down or moving....