Bitcoin's Trading Volume Plummets, Paving the Way for Potential Price Turbulence
Despite growing calls for bitcoin to surge beyond its current price of $80,040.63, participation in the spot market is dwindling, leaving the market vulnerable to unpredictable price swings. The trading volume of BTC has recently dropped below $8 billion, according to data from Glassnode, marking its lowest point since October 2023 when bitcoin was valued at less than $40,000. This decline in vol…
April 29, 2026, 11:38 a.m.