But Exchanges, What Low Volumes You Have!

But Exchanges, What Low Volumes You Have!

On the surface, low trade volumes seem inauspicious, especially considering the last time they were this low was when bitcoin’s price dipped below $30,000. However, if we zoom out a tad, this looks like nothing out of the ordinary. It looks like the cyclical nature of markets and not some sort of mass exit from the market. A mass exit would, for the record, require a jump in volume as those participants unload their positions. Right now, I’m not worried. Maybe I’ll start worrying if exchange volumes fall even more.

Originally Posted on: https://www.coindesk.com/markets/2022/04/24/but-exchanges-what-low-volumes-you-have/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: George Kaloudis

Written by:

10,522 Posts

View All Posts
Follow Me :

Leave a Reply

%d bloggers like this: