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Bitcoin Hits New Yearly Low Volume

ChuChu Rocket, Mon Oct 22, 2018 1:38 pm

Bitcoin Hits New Yearly Low Volume, Only Way to Reverse Trend is a Big Spike


Over the past 24 hours, Bitcoin has achieved a new yearly low volume, demonstrating a lack of momentum and strength to recover to the higher region of $6,000.

On Coinmarketcap, the volume of Bitcoin fell to $3.1 billion while it fell to $1.91 billion on CoinCap. The previous yearly low point of the Bitcoin volume was $3.2 billion on Coinmarketcap and $2 billion on CoinCap.

The low volume of Bitcoin, possibly affected by a decline in trading activity on a Sunday, could have a negative impact on the short-term trend of the dominant cryptocurrency.


Read more: https://www.ccn.com/bitcoin-hits-new-ye ... big-spike/
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