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Tuesday

27 July 2021

Bitcoin Volume Continues To See Yearly Lows As Price Struggles To Recover

Bitcoin Volume Continues To See Yearly Lows As Price Struggles To Recover


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Bitcoin’s seven-day average trading volumes have continued to remain low, as the seven-day average trading volumes only reaching $3 billion.

This comes on the heels of the digital asset seeing declining volatility in the market.

The bitcoin trading market had seen a marked shift in trends as the average trading volumes remain at yearly lows.

Seven-day volatility levels have not been this low since October of 2020 and fall in step with volatility levels from last summer.

Speculations remain that at the end of this volatility drought is a period of extreme volatility that would come with a recovery in the price of the digital asset.

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