Bitcoin Trading Volume Again Slows Down To A Crawl
Data shows the Bitcoin trading volume is now once again moving sideways at a low average value as activity on the network slows down to a crawl. Bitcoin Average Daily Trading Volume Returns Back To Below $4 Billion As per the latest weekly report from Arcane Research, the 7-day average BTC spot volume has once […]
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Following the re-adjustment of bitcoin’s network difficulty after a sudden increase, a massive transaction backlog began developing yesterday, leading to a torrent of complaints. An incredible sum of 278,872.21 bitcoins, worth around a quarter of a billion dollars, is currently in limbo, stuck in the ether, unable to move. In response, angry users have littered public spaces to vent their frustration at the situation. One of them is a representative from Vaultoro, a bitcoin and gold exchange, who publicly stated: “[W]e paid 0.0005 fee (45 cents) to get a client their withdrawal and it took....
Data shows Bitcoin trading volume is once again on its way downwards as the cryptocurrency fails to retest the $50,000 mark. Bitcoin Trading Volume Goes Down As per a report from Arcane Research, while BTC hasn’t been able to test the $50k range yet, the trading volume is already moving downwards. The real Bitcoin trading […]
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” […]
The Bitcoin trading volume observed a surge earlier as the price of the crypto crashed below $40k. However, the metric has now once again come back down as the coin has become calmer. Bitcoin Trading Volume Sharply Declines Following A Brief Uplift As per the latest weekly report from Arcane Research, the BTC trading volume […]
Last week's bitcoin price surge, initiated a chain react across all major bitcoin exchanges and bitcoin's trading volume reached its highest point in since late 2014. So, so did the price surge enkindle the rise in the trading volume? or did it go the other way round; the boosted trading volume pushed bitcoin price "to the moon"? Bitcoin Trading Volume Rising Across All Major Exchanges: According to blockchain.info, the bitcoin/USD exchange volume reached $42,637,208 on the 5th of November, the day that witnessed a price high of $447.47 on Bitstamp. Although the price exceeded $500 on the....