Tag: bitcoin volume

Aug 31 2021

What Does Declining Bitcoin Volume Say About The Latest Rally?

Aug 31 2021 Published at Bitcoinist.com under tags  bitcoin bitcoin volume btc btcusd

Data shows Bitcoin trading volume has been on a decline recently, here is what it mean for the current BTC bull rally. Bitcoin Trading Volume Continues To Decline As per the latest report from Arcane Research, the 7-day average BTC trading volume has been on a decline this month. and is now close to $4 billion. The real Bitcoin 7-day...

Aug 26 2021

Milestone $188 Billion In Bitcoin Value Moves Across Network

Bitcoin has yet again broken another milestone. The pioneer cryptocurrency has seen the volume of BTC moving across its network increase exponentially. This time, the seven-day moving average of BTC volume on the network has broken a record. Volume from this shows that as of yesterday, $188 billion had been moved across the network. This means that approximately 20% of the Bitcoin market...

Aug 24 2021

Africa Now Has The Largest Volume Of Bitcoin Peer-To-Peer Trading Worldwide

The continent recently surpassed North America in bitcoin P2P trading volume, having transacted $18,073,777 worth of BTC in the last seven days.Africa has become the continent with the largest volume of bitcoin peer-to-peer trading in the world, according to data from analytics platform UsefulTulips. In the past seven days, the continent's...

Aug 19 2021

On-Chain Bitcoin Volume At Five-Year Low

But the change-adjusted volume transfer of the network in dollar terms shows just how effectively bitcoin is scaling.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now....

Jul 20 2021

Bitcoin Volume Observes Yearly Lows As Volatility Declines Further

Bitcoin continues to observe new yearly lows for volume as volatility also continues to decline further. Bitcoin Volume And Volatility At Yearly Lows As per an Arcane Research report, the 7-day average trading volume for BTC continues to hit yearly lows. This is the third consecutive week that the indicator has plunged down. The below...

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