The activity of traders in the spot market has been increasing since the beginning of January
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Over the past few weeks, the activity of investors in the spot market has increased, according to a report by Arcane Research. Last week, the average daily volume of bitcoin transactions on major exchanges reached $10 billion. Analysts note that the market had favorable conditions for the growth of trading. The BTC rate has been strengthening since the beginning of January. Its value has increased by about 40% in a month. The users of the largest Binance platform showed the greatest activity. The Federal Reserve’s rate hike hasn’t had a negative impact on bitcoin so far. On the night of
The bitcoin rate rose above $23 thousand and approached the local maximum at $23.2 thousand, shown on January 21. At 10:30 Moscow time, the first cryptocurrency is trading at $23.1 thousand, the daily rate increase was 1.5%, writes RBC Crypto. The market capitalization of the asset is $445 billion with…
10xResearch analysts who had correctly predicted the Bitcoin price run-up to a new all-time high earlier in the year have turned bullish once again. In a recent report by 10xResearch Head of Research, Markus Thielen, the analysts point out a number of factors that have seen the BTC price turn…
Altcoin trading activity has continued to weaken across the crypto market, which is another sign of the current investor appetite for altcoins. New data shared by CryptoQuant analyst Darkfost shows spot trading volume on Binance and other major exchanges is now at extreme lows compared to levels seen during the…