Bitcoin Trading Volume Plummets, Paving the Way for Turbulent Price Swings
Despite growing calls for bitcoin to surge further, participation in the spot market is dwindling, leaving the market vulnerable to erratic price fluctuations. The trading volume, which represents the dollar value of BTC changing hands daily, has recently plummeted to under $8 billion, according to Glassnode, marking its lowest point since October 2023 when bitcoin was valued at less than $40,000…
April 29, 2026, 11:38 a.m.