Articles for tag: Bitcoin, Cryptocurrency market, EMA, financial trends, investor strategies, price analysis, Trading volume

January 2, 2025

Bitcoin Volume Plummets 97% from Peak Despite Price Surge: Key Insights and Market Trends

Bitcoin’s trading volume has plummeted by about 97% since its peak in November, yet its price has surprisingly risen, approaching the $96,000 mark. This situation highlights unusual Market dynamics where lower liquidity may be allowing for easier price increases. However, Bitcoin is still trading below the crucial 50 EMA, indicating a bearish outlook unless it ...

January 2, 2025

Market News

Crypto

Bitcoin Volume Drops 97% from Peak, Yet Price Surges: Key Insights and Analysis

Since reaching its peak in November, Bitcoin’s trading volume has plummeted by about 97%. Surprisingly, its price has begun to rise, approaching the $96,000 mark despite the lack of trading activity. This unusual Market behavior reflects a decrease in participation from both institutional and retail investors. While low volume can lead to erratic price movements, ...