CryptocurrencyMajor Increase In Bitcoin Trading Volume

Major Increase In Bitcoin Trading Volume


The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

Thursday, May 12, 2022, was one of the most exciting and active days in the bitcoin/crypto market in months, with no shortage of volatility and fear from market participants. On the bitcoin side of things, the price plummeted to a low of $25,300 on large volume, before quickly rebounding and closing the daily candle at $28,900. With the fall came a strong response from opportunistic investors looking to buy the dip, as shown by the Canadian Purpose Bitcoin ETF, which saw its largest day of inflows ever, adding 6,902 BTC worth nearly $207 million. 



Original Source Link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Alexander Skarsgård And Dane DeHaan Will Play Reluctant Tiger Hunters In The Tiger

Aronofsky is producing "The Tiger" through his Protozoa Pictures label, and Brad Pitt's Plan B Entertainment is also...

Emirates Airline, stung by soaring fuel prices, posts $1.1 billion dollar loss

Aircraft operated by Emirates, at Dubai International Airport in the United Arab Emirates.Christopher Pike | Bloomberg | Getty...

Europe battles to secure steel following Russia’s invasion of Ukraine

Before Russia’s invasion of Ukraine, the Azovstal steelworks in Mariupol was a major exporter, its steel used in...

A World Without iPods | WIRED

Wow, my 401(k) is really taking a beating. Glad I put all that money into Bitcoin! Uhhhhh …The...

Best Places to Work in Healthcare – 2022 (alphabetical list)

AKASA South San Francisco Aledade Bethesda, Md. All Star Healthcare Solutions Deerfield Beach, Fla. Amedisys Baton Rouge, La. Aspen RxHealth Tampa, Fla. Aya Healthcare San Diego b.well Connected Health Baltimore Bailey Medical...

“You begin to look over your shoulder”

On Friday, Justice Thomas was interviewed by John Yoo, his former law clerk, at an event in Dallas....

Must Read

- Advertisement -

You might also likeRELATED
Recommended to you