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Bitcoin spot trading volume falls to lowest level since 2019

CoinSurges
By CoinSurges

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Quick Take

  • The volume for all BTC pairs, in BTC, on exchanges fell in April to one of the lowest levels for years.
  • The total volume was 6.36 million Bitcoin in terms of spot trading volume.
  • According to the Block, the last time it was this low was back in September 2019, posting 6.26 million BTC in the depths of the bear market.
  • This is a symptom of an illiquid market — which has been covered extensively by CryptoSlate.
  • The more illiquid the market is, the bigger the price jumps can be to both the upside and downside.
Trading Volume: (Source: The Block)
Trading Volume: (Source: The Block)

The post Bitcoin spot trading volume falls to lowest level since 2019 appeared first on CryptoSlate.

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