Attention is capital’s outpost.
“U.S. inflation clouds linger” trended, putting $BTC , which is linked to movements in U.S. economic data, in the spotlight.
My take: It’s no surprise that trading volume spikes during those few hours when a topic is trending. What matters is how much volume remains after the buzz dies down. A lot left over suggests capital has stayed; very little means it was just passing through.
$BTC currently has 24-hour trading volume of $1.302 billion. Let’s compare again in a couple of days.
#BTC
For reference only. Make your own independent decisions when buying or selling.
“U.S. inflation clouds linger” trended, putting $BTC , which is linked to movements in U.S. economic data, in the spotlight.
My take: It’s no surprise that trading volume spikes during those few hours when a topic is trending. What matters is how much volume remains after the buzz dies down. A lot left over suggests capital has stayed; very little means it was just passing through.
$BTC currently has 24-hour trading volume of $1.302 billion. Let’s compare again in a couple of days.
#BTC
For reference only. Make your own independent decisions when buying or selling.