“Significant Uptick” In Bitcoin Spot Buying Volume Suggests Sustainable Rise
Data shows the latest rise in Bitcoin’s price is accompanied by a significant uptick in the trading volume. This could suggest that the current uptrend may be sustainable. Bitcoin Trading Volume Climbs Up Fast This Week As per this week’s Arcane Research report, the BTC trading volume is climbing up fast this month after a […]
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After experiencing a notable surge in its price above the $105,000 mark, Bitcoin’s market dynamics are showing bullish momentum for continued growth. BTC’s renewed strength is also observed among key metrics such as the Spot Net Volume Delta, which has recently flipped into positive territory. Binance Bitcoin Spot Volume Shows Strength Bitcoin’s bullish performance is […]
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 […]
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” […]
On-chain data shows the Bitcoin spot trading volume hasn’t seen any significant rise recently, suggesting that the new rally may not last for too long. Bitcoin Spot Trading Volume Observed Only A Slight Increase In The Past Week As per the latest weekly report from Arcane Research, the BTC trading volume hasn’t risen much recently […]
Bitcoin (BTC) fell to $114,386 earlier today, triggering nearly $300 million in liquidations over the past 24 hours as investor confidence in the asset remains shaky. Still, rising spot trading volumes offer a glimmer of hope that BTC may now be entering an accumulation phase. Is Bitcoin In The Accumulation Phase? According to a CryptoQuant Quicktake post by contributor Amr Taha, Binance’s BTC spot trading volume surpassed $6 billion on August 18 – one of the most significant spikes this month. Taha noted that such sudden spikes typically signal increased participation from....