Today news
About the same in other media
Bitcoin Transaction Volume Hits a Monthly Low as Consolidation Continues
Reading now: 299
Bitcoin’s momentum has dried up a bit since it retraced from the all-time high (ATH) price of $66,900 set on October 20. As a result, the leading cryptocurrency has found itself in a consolidation state based on low transaction volume.
Market insight provider Glassnode explained:
“Bitcoin transaction volume (7d MA) just reached a 1-month low of 128,266.846 BTC.”
Reportedly, this correction has been sparked by long-term holders taking profits.
On the other hand, a bullish signal is popping out,
Read more on blockchain.newsAbout this in other media
Institutional Bitcoin products tag record AUM despite volume pulling back cointelegraph.com /3 years ago
Nigeria banks tracking, flagging crypto transactions of customers ambcrypto.com /3 years ago
Cryptocurrency News: Bitcoin Mining, Bitcoin Mining News, All You Need To Know About Bitcoin Mining ndtv.com /3 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
