Bitcoin Trading Volume Plummets, Paving the Way for Potential Price Turbulence
Despite growing predictions of a bitcoin rally, participation in the spot market is dwindling, setting the stage for unpredictable price fluctuations. The daily trading volume of bitcoin has recently fallen below $8 billion, according to Glassnode, marking its lowest point since October 2023 when the cryptocurrency's value was under $40,000. This decline in volume, which has been ongoing since re…
April 29, 2026, 11:38 a.m.