Bitcoin Trading Volumes Have Collapsed – Here’s What That Means for the BTC Price?

Bitcoin trading volumes have collapsed in the past few days. According to data sourced from CoinGecko, daily Bitcoin trading volumes across major exchanges fell to as low as $14.5 billion on Monday, its lowest level since the 5th of March.
That’s a huge drop after Bitcoin daily trading volumes surged as high as $70 billion earlier in the month, the highest level since the aftermath of the FTX collapse last November.
The drop in trading volumes is concerning….
Read More: Bitcoin Trading Volumes Have Collapsed – Here’s What That Means for the BTC Price?

Source: https://cryptonews.com/news/bitcoin-trading-volumes-collapsed-heres-what-that-means-for-btc-price.htm

Stay up to date

on all important crypto news!

The most important news, once a week. No spam.