Spot volumes drop 66% in ‘lulls’ that often precede next cycle leg: Bitfinex
Bitfinex said the recent 66% slide in spot trading volumes echoes lulls seen before next leg in the cycle.
Bitfinex said the recent 66% slide in spot trading volumes echoes lulls seen before next leg in the cycle.
Original source
Read on CointelegraphRelated market context
Crypto Volume Drops To 2-Year Low—Is A Relief Rally Next?
On-chain data shows trading volume in the crypto sector has slumped to the lowest level in two years, a sign that investors have t...
Bitwise CIO says advisors are looking beyond Bitcoin for the next crypto cycle
Bitwise CIO Matt Hougan says financial advisors remain interested in crypto, with stablecoins and tokenization now drawing more at...
XRP Price Prediction: Japan XRP ETF Listing is Getting Closer
Japan just handed XRP bulls a major regulatory tailwind. XRP price is retesting a congestion zone, and the prediction could turn b...
Analyst Predicts Bitcoin Price Has Entered The Final Bear Market Phase
A crypto analyst has stated that the Bitcoin price remains firmly in a bear market, projecting more volatility and pain ahead for...
Strategy Stock MSTR Offers Bitcoin Exposure At 18% Discount
Bitcoin Magazine Strategy Stock MSTR Offers Bitcoin Exposure At 18% Discount I’ve been vocal about accumulating Bitcoin aggressive...
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...