Glassnode: Bitcoin spot trading volume drops to the lowest level since October
Foresight News reports that, according to Glassnode data, spot trading volume of Bitcoin on major exchanges has fallen to its lowest level since October 2023. A low trading volume environment is typically accompanied by reduced market depth and heightened sensitivity to changes in capital flows.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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