|submitted by bitcoinexchangeguide to BitcoinExchangeGuide [link] [comments]|
|submitted by Crypterium_app to crypterium_com [link] [comments]|
|submitted by Crypterium_app to Crypterium [link] [comments]|
|submitted by castorfromtheva to Bitcoin [link] [comments]|
|submitted by Fartenshdhdhd12 to Bitcoin [link] [comments]|
|submitted by sexyama to bitcointrading [link] [comments]|
|submitted by Askrypto to CryptoCurrencyTrading [link] [comments]|
|submitted by Acrobatic_Peak to BitcoinLiveNews [link] [comments]|
|submitted by cryptolobe to cryptolobe [link] [comments]|
submitted by Askrypto to Crypto_General [link] [comments]
|submitted by a36 to AllThingsCrypto [link] [comments]|
|submitted by CryptoCrunchApp to CryptoCrunchApp [link] [comments]|
|submitted by Askrypto to CryptoMarkets [link] [comments]|
|submitted by Askrypto to bitcoin_uncensored [link] [comments]|
|submitted by Askrypto to u/Askrypto [link] [comments]|
submitted by Crypto_Browser to CryptoBrowser_EN [link] [comments]
Trading Volumes On The World’s Largest Cryptocurrency Surpassed The Levels Before The Global Market Wipeout From 12th March
Despite getting into a turbulent month of intense price swings and market wipes, due to the COVID-19 virus outbreak, Bitcoin’s support seems to strengthen since the start of 2020. One of the largest crypto exchanges, like Binance and Coinbase, reported an average BTC trading volume of around $5.6 billion since the March 12 market wipeout. In contrast, Bitcoinity reported average Bitcoin trading volumes of $3,96 billion from January 1, 2020, to March 11. However, the average volume rally peaked at $9,2 billion worth of Bitcoin in the week after the global market crash.
Bitcoin’s trading volume uptrend can be separated into two different models. The first model identified Bitcoin as a digital safe-haven asset, putting it alongside gold and other precious metals. Bitcoin’s haven strengths were tested during the conflict between the U.S. and Iran when the geopolitical pressure forced the stock market down while fortifying Bitcoin’s strongholds.
However, Bitcoin didn’t stand to the massive fear-driven sell-off, and the price per BTC dropped in half – from $7,969 before the crisis to a yearly low of $3,858 on some exchanges.
The so-called “Black Thursday” market crash, however, created a global opportunity to “buy the dip” and benefit from Bitcoin’s low trading price. Bitcoin’s trading volumes skyrocketed, and the price followed quickly. The world’s largest crypto managed to make a full recovery, trading at the levels before the crash. Volumes also took a massive boost last week, reaching higher levels than during the uptrend from Q1 of 2020.
The recovery, combined with the much-anticipated mining reward halving, scheduled for May 12, brought bulls back in the race. The halving event would cut down the reward for miners from 1800 BTC daily to 900 BTC per day.
Blockchain analysis company Glassnode reported that the BTC holder profile matures, as traders are going to hold Bitcoin, rather than trade it post-halving. The hold, in theory, should keep volatility and volume swings low.
Data aggregator Messari, on the other hand, sees a BTC bullish rally, nevertheless.
“It seems the crypto market activity settled down after the “Black Thursday” event, but with Bitcoin’s third halving coming in just a couple of weeks, there is enough time to bring the animal spirit in the crypto sector,” Messari stated in a blog post.
Meanwhile, Bitcoin moves on a steady weekly gain graph. The world’s #1 crypto broke above the $8,000 resistance, with a strong volume increase in the past 24 hours. Currently, Bitcoin trades for $8,341.04. Marketwise, almost all of the top-100 cryptocurrencies mark 2-10% gains, with a total market capitalization of $234,661,359,327 and $152,634,163,535 in 24-hour reported daily volumes.
|submitted by Askrypto to BitCoinMarket [link] [comments]|
|submitted by Ranzware to BitNewsLive [link] [comments]|
|submitted by paulemmanuelng to btc [link] [comments]|
|submitted by n4bb to CoinPath [link] [comments]|
|submitted by paulemmanuelng to CryptoMarkets [link] [comments]|
Bitcoin trading volume 10m 1h 6h 24h 3d 7d 30d 6m 2y 5y all. auto second minute hour day week month Currency Exchange Spread depth Mining Pool Comparison Volume [BTC] Market Share; 8MB - blocks containing string "8M" in their coinbase scriptSig Binance is a centralized cryptocurrency exchange located in Cayman Islands. There are 216 coins and 723 trading pairs on the exchange. Binance volume in the last 24 hours is reported to be at ₿318,610.49. The most active trading pair on Binance exchange is BTC/USDT. Binance is established in year 2017. This was halved in 2012, at block #210,000, where the block reward became 25 BTC. The second halving was in 2016, at block #420,000, and the block reward became 12.5 BTC. This process will continue every 210,000 blocks, until the total supply of BTC (21 million BTC) has been reached. It is estimated that the final block reward will be paid in 2140! Trading Volume. Daily bitcoin trading volume and market dominance. Volume reflects a 24-hour period of time. Dominance is a measure of bitcoin volume versus the entire cryptocurrency market. Historical volume goes back to 2013. Unit: US Dollars, Percent of Total Volume. The USD is unsurprisingly at the top, with 303,355 BTC bought/sold for USD daily. This makes up 65.33 percent of the total bitcoin trading volume exchanged for national currencies. The Japanese Yen is second, with 95,229 BTC bought/sold for JPY per day. Japan is thus responsible for 20.51 percent of the global fiat/BTC trading volume.
[index]          
The Ultimate Guide to Trading Volume - Duration: 19:10. Bitcoin Trading Challenge 59,152 views. 19:10. How to Make $500 a Day Trading ONE Stock Live Scalping 004 - Duration: 23:51. Bitcoin Trading Challenge 20,801 views 12:45 How To Trade Liquidity Voids, Volume Profile (Market Profile Trading) Against Retail Traders - Duration: 1:06:47. A step-by-step walkthrough that shows when you should care about your altcoin's BTC price and when you should care about USD price. After Bitcoin's violent r... Chainlink trading volume surpasses Bitcoin on Coinbase Pro, Trading Live: Stock Forex Cryptocurrency. Loading... Unsubscribe from Trading Live: Stock Forex Cryptocurrency? LIVE BITCOIN TRADING CHART BTC/USDT Bitcoin Live Btc Price Liquidation Watch 24/7 Bull vs Bear Pump or Dump Bitcoin Currency Bitcoin is a cryptocurrency. It is a decentralized digital currency ...