Bitcoin Rally Vulnerable Due to Low Trading Volume and Lack of Institutional Conviction
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 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 the acco…
April 27, 2026, 4:22 p.m.