Trading Volume
Bitcoin Drops Below $43K With Support at $35K-$40K, Trading Volume Higher Than a Week Ago
Bitcoin is retreating along with most of the crypto markets, trading at a choppy range with initial support at $35,000-$40,000. However, the fear and greed index also remains neutral. BTC trading volume in general is higher than a week ago, based on data compiled by CoinDesk. "All About Bitcoin" host Christine Lee explains what this means in the Chart of the Day.
FTX US Daily Trading Volume Soared 512% in Q3
The crypto derivatives exchange recorded an average daily volume of $360 million for the quarter.
Bitcoin Trading Volume Stays Subdued as Price Recovers
The rally may not be sustainable, according to Arcane Research.
Market Wrap: Bitcoin Buyers Could Take Profits as Volume Declines
Some analysts are optimistic about the long-term recovery in crypto prices, although the pace of the upside will likely slow over the short term.
Bitcoin Trading Volumes Returned as Price Spiked Over $40K
The recent spike in trading volume could signal that when there’s a market move, interest and activity quickly return.
Market Wrap: Bitcoin Declines Into the Weekend, as Volatile Month Continues
The technical charts suggest further downside is likely as sellers react to extreme overbought conditions since March.
Bitcoin Trading Volume Tumbles After Record May; Demand Withers With Price
“Traders have certainly lost the appetite for bitcoin in this uncertain market environment,” Arcane Research wrote in a report.
Binance Extended Crypto Exchange Dominance During May Trading Frenzy
Binance led competitors in May with a monthly trading volume of $2.46 trillion, up 49% from April levels.
Market Wrap: Bitcoin Fails Test of $40K While Ether Loses Steam Near $2.9K
Meanwhile, the cost of gas fees on the Ethereum network is near a three-month low.
Market Wrap: Capitulation City as Bitcoin Dumps to $31K, ETH to $2K Before Reversal
Liquidations, China and even Elon Musk may be factors in markets falling.
