Deep Tide TechFlow News, April 29 — According to on-chain data platform Glassnode (@glassnode), the spot trading volume of Bitcoin across major exchanges has dropped to its lowest level since October 2023, comparable to the level at the end of the last bear market in September 2023.


In a low trading volume environment, market depth has significantly decreased, and even small capital flows can trigger liquidations, with the market's sensitivity to liquidity changes markedly increased.
BTC-1.07%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments