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Bitcoin's Recent Ascent Looks Increasingly Fragile Due to Low Trading Volumes
The recent surge in bitcoin's price towards $80,000 is displaying signs of weakness, with low trading volumes and muted activity in derivatives markets raising concerns about the sustainability of the rally. In his weekly report, Markus Thielen, head of 10x Research, highlighted a disconnect between the price movement and the underlying market participation. 'Despite a 4.7% increase in bitcoin's …
April 27, 2026, 4:22 p.m.
Markets
Bitcoin Rally Remains Vulnerable Due to Low Trading Volume
Bitcoin's recent push towards $80,000 is showing signs of weakness, with low trading volumes and muted activity in the derivatives market raising concerns about the sustainability of the rally. In a recent report, 10x Research head Markus Thielen highlighted a disconnect between the price movement and the underlying market participation, stating that 'Bitcoin rallied 4.7% over the past week, yet …
April 27, 2026, 4:22 p.m.
Markets
Bitcoin's Rally on Unstable Ground Due to Low Trading Volume
The recent surge of Bitcoin towards $80,000 is exhibiting signs of weakness, with low trading activity and muted derivatives market participation raising concerns about the sustainability of the rally. 10x Research's head, Markus Thielen, noted a discrepancy between the price movement and the underlying market engagement in his weekly report. 'Bitcoin saw a 4.7% increase over the past week, but t…
April 27, 2026, 4:22 p.m.
Markets
Bitcoin Rally Remains Vulnerable Due to Low Trading Volume
The recent bitcoin price increase to nearly $80,000 has raised concerns about the sustainability of the rally, with low trading volume and stagnant derivatives activity. 10x Research head Markus Thielen noted a discrepancy between the price movement and the underlying market participation in his weekly report. 'The data beneath the surface tells a cautious story, despite bitcoin's 4.7% increase o…
April 27, 2026, 4:22 p.m.
Markets
Bitcoin's Rally on Unstable Ground Due to Low Trading Volumes
Bitcoin's recent push towards $80,000 is showing signs of weakness, with low trading activity and muted derivatives market action raising concerns about the rally's sustainability. In his weekly report, 10x Research head Markus Thielen highlighted a disconnect between the price movement and the underlying market participation, noting that 'Bitcoin rallied 4.7% over the past week, yet the accompan…
April 27, 2026, 4:22 p.m.
Markets
Bitcoin Rally Remains Vulnerable Due to Low Trading Volume
Bitcoin's recent push towards $80,000 has shown signs of weakness, with low trading activity and muted derivatives markets raising concerns about the rally's sustainability. In a recent report, Markus Thielen, head of 10x Research, highlighted a disconnect between bitcoin's price action and underlying market participation. Despite a 4.7% increase in bitcoin's value over the past week, the accompa…
April 27, 2026, 4:22 p.m.
Markets
Bitcoin's Ascent on Shaky Ground Due to Low Trading Volume
None
April 27, 2026, 4:22 p.m.
Markets
Bitcoin's Rise on Shaky Ground Due to Low Trading Volume
None
April 27, 2026, 4:22 p.m.
Markets
Bitcoin's Rally on Unstable Ground Due to Low Trading Volume
Bitcoin's recent push towards $80,000 is showing signs of weakness, with low trading volumes and subdued derivatives activity raising concerns about the rally's durability. 10x Research head Markus Thielen notes a disconnect between price movements and market participation, citing a 4.7% increase in bitcoin's value over the past week, yet accompanied by cautionary data. Trading volumes have plumm…
April 27, 2026, 4:22 p.m.
Markets
Bitcoin's Ascent on Shaky Ground Due to Low Trading Volume
None
April 27, 2026, 4:22 p.m.