What Does Declining Bitcoin Volume Say About The Latest Rally?

Data shows the Bitcoin trading volume has further declined recently, suggesting that the latest rally may be losing steam. Bitcoin Spot Trading Volume Continues To Decline This Week According to the latest weekly report from Arcane Research,  the BTC spot volume has observed further decline in the past week. The “trading volume” is an indicator that measures the total amount of Bitcoin being involved in spot trades on any given day. When the value of this indicator goes up, it means more coins are now changing hands. This trend shows that the network is becoming more active.....

Data shows the Bitcoin spot trading volume has surged up 46% in the past week, as a result of the latest rally in the price of the crypto. Bitcoin 7-Day Average Trading Volume Has Increased By 46% Over The Last Week According to the latest report published by Arcane Research, following this rise, the activity […]

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 has recently seen a massive rally for the past two weekends, giving rise to an increase in trading volume. Following a long period of low prices in the market. The recent rally has reignited a number of things in the market. Now including the trading volume, as volumes bounce back to levels before the […]

Volume and open interest in Bitcoin futures have been in a steady decline, but this could help catalyze the next rally. Bitcoin (BTC) futures volume and open interest are declining rapidly. Data shows that since the September peak, BTC futures volume has dropped by 60% from over $25 billion to around $10 billion.Bitcoin futures volume by exchange (September). Source: Digital Assets DataWhile the decline in trading activity could ostensibly seem like a negative metric, it could also indicate that a bull cycle is emerging. Why declining futures market activity could boost Bitcoin priceThe....