Bitcoin's Recent Ascent on Shaky Ground Due to Low Trading Volume
The recent surge in Bitcoin's price, approaching $80,000, is showing signs of weakness due to declining trading volumes and muted activity in the derivatives market, 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, stating that despite a 4…
April 27, 2026, 4:22 p.m.