Trading volume is the most honest indicator. To see whether a piece of news carries weight, just look at the trading volume.
Take this story, for example: Over $4.8 million in compensation! California orders Coinflip to compensate victims of Bitcoin ATM scams.
Whether open interest is rising or falling shows how traders view the funds in futures contracts.
$BTC is currently at 74909.67, down 1.33% today.
Take this story, for example: Over $4.8 million in compensation! California orders Coinflip to compensate victims of Bitcoin ATM scams.
Whether open interest is rising or falling shows how traders view the funds in futures contracts.
$BTC is currently at 74909.67, down 1.33% today.
