Tag: bitcoin volume

Sep 22 2022

Bitcoin Spot Volume Remains Elevated With Price At Deep Discounts

On-chain data shows the Bitcoin spot trading volume has remained elevated recently as the price of the crypto has observed deep discounts. Bitcoin Spot Trading Volume Continues To Be Near Yearly Highs According to the latest weekly report from Arcane Research, the current BTC spot volume is sitting at a value of $10.8 billion. The "...

May 14 2022

Major Increase In Bitcoin Trading Volume

A significant amount of bitcoin changed hands on the United States’ most dominant spot exchange, Coinbase, as investors look to buy the dip.The below is an excerpt from a recent edition of Bitcoin Magazine Pro, 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,...

Apr 29 2022

Market Sentiment Is Not As Strong As On-Chain Activity

The state of Bitcoin can be demonstrated with on-chain metrics that paint a more bullish picture than the current derivatives market sentiment.Market sentiment is the public interest in the underlying assets and the behavior of traders on derivatives markets. Thanks to sentiment analysis, one can identify the attitude of long-term investors, as they always sell during the uptrend to short-term speculators and...

Nov 10 2021

Why Are Bitcoin Spot Volumes Shockingly Low While Price Soars?

Nov 10 2021 Published at Bitcoinist.com under tags  bitcoin bitcoin volume btc btcusd

Despite the price of Bitcoin soaring and making a new all-time high, the crypto's spot trading volume remains shockingly low. Bitcoin Trading Volume Is Unusually Slow As per the latest weekly report from Arcane Research, while the price of BTC shows strong momentum up, the trading volume has been unusually low. The "...

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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