Can Bitcoin Continue Rally? Rising Volume May Hint So
Submitted by Anonymous (not verified) on Thu, 08/31/2023 - 22:20On-chain data shows the Bitcoin trading volume has been increasing recently, which could help further the asset’s rally.
On-chain data shows the Bitcoin trading volume has been increasing recently, which could help further the asset’s rally.
On-chain data shows the Bitcoin transfer volume has recently reached levels 75% higher than the FTX crash lows as it continues its uptrend.
Data shows the Bitcoin transfer volume has observed a rise recently, but still remains around 65% lower than the 2021 all-time high.
Data shows the Bitcoin monthly average trading volume has now surpassed the yearly average one. Here’s why this may be bullish for the asset.
On-chain data shows the trading volumes of large assets like Bitcoin and Ethereum have observed a surge toward one-month-highs.
Data shows the combined trading volume of Bitcoin and the altcoins have hit the lowest value in more than a year. Here’s what this may mean.
On-chain data shows the Bitcoin trading volume has been rising while interest around the altcoins has continued to be low recently.
Data shows the Bitcoin spot trading volume has remained stable in the past week, but Binance’s dominance of it has grown further.
Data shows the Bitcoin volume dominance of Binance has hit a new all-time high as activity on other exchanges has fallen recently.
Data shows the Bitcoin spot trading volumes have remained at high values during the past week despite the price mostly moving sideways.
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