“Significant Uptick” In Bitcoin Spot Buying Volume Suggests Sustainable Rise

“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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Bitcoin Spot Trading Volume Surges As BTC Targets New All-Time High

Data shows Bitcoin spot trading volume has surged up as BTC has begun to target a new all-time high (ATH) price soon. Bitcoin Spot Trading Volume Keeps Increasing As per the latest report from Arcane Research, BTC spot trading volume continues to surge up as the coin heads towards a new ATH. The “trading volume” […]

Bitcoin price surge to $16.2K accompanied by record volume

Data shows Bitcoin spot volume reached a 2020 high as retail and institutional interest surged. Bitcoin (BTC) has had a great November so far, and many analysts believe the future remains bright for the top-ranked cryptocurrency. Currently sitting at $16,000, its price has surged by 23% since the start of the month, rallying mostly after the completion of the United States presidential election. Now, Bitcoin spot volume has passed all previous records in 2020, showcasing the growing demand for acquiring BTC.The strong rally to $16,200 led Bitcoin spot volumes to rise by more than 270% in....

Markets Weekly: Bitcoin Rises Amid Dark Markets Crackdown

The bitcoin price has risen in the last seven days after two weeks of declines. It gained $25 over the week to hit a high of $351.44 on 7th November and is trading well above that level today, at a high of $365.82. The price increase has been accompanied by a rise in trading volume, which increased 32% week-on-week to 2.61 million BTC. This rise in volume was led by activity on Huobi, OKCoin and BTC-e. Although OKCoin reported this week that it would calculate its futures trading volume in a new way that would double its figures, this did not affect its volume numbers in its market for....

3 reasons why Bitcoin price suddenly dropping below $13,000 isn't bearish

The price of Bitcoin dipped below $13,000 on Wednesday but despite the 7% drop in 11 hours, the market sentiment remains positive for three key reasons. The price of Bitcoin (BTC) fell below $13,000 on Oct. 28 shortly after hitting $13,850 at the day’s peak. Despite the 7% drop in 11 hours, however, the market sentiment remains positive for three key reasons.First, Bitcoin is still at where it was on Oct. 27, merely 24 hours ago. Second, BTC rose to $13,850, right below a multi-year resistance area at $13,873. Third, a marketwide drop was expected due to declining stablecoin inflows into....

Price analysis 11/27: BTC, ETH, XRP, BCH, LINK, LTC, ADA, DOT, XLM, BNB

Bitcoin’s recent correction is healthy, but several altcoins have lost momentum and could remain range-bound for a few days. Bitcoin’s (BTC) rise above $20,000 will have to wait as the price saw a strong correction which and turned away from reaching a new all-time high. Data suggests that whales decided to book profits when Bitcoin was close to $19,000 and this pulled the price lower. This fall could have resulted in the liquidation of overleveraged positions in the futures market and further aggravated the decline.The current correction is a healthy sign as the crypto market was becoming....