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cryptonews
2023-04-14 23:11:00

Spot Bitcoin Trading Volumes Remain Weak – A Threat to the BTC Bull Market Thesis?

Spot Bitcoin Trading Volumes Remain Weak – A Threat to the BTC Bull Market Thesis?

After hitting their highest levels last month since the aftermath of the FTX cryptocurrency exchange collapse last November thanks to significant volatility and zero trading fees on BTC pairs on Binance, spot Bitcoin trading volumes have fallen significantly. According to data pulled from CoinGecko’s API, spot Bitcoin trading volumes across major exchanges were around $16.4 billion on Friday. That compares to close to $70 billion this time last month.... Read More: Spot Bitcoin Trading Volumes Remain Weak – A Threat to the BTC Bull Market Thesis?

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