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Two macroeconomic events could boost Bitcoin’s volatility this week. The Federal Reserve’s press conference following the rate decision and the Consumer Price Index (CPI) data, both due on June 12, could help Bitcoin break out from its tight range. Investors anticipate the breakout to the upside, which could explain the solid buying last week. CoinShares ...
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It is a liquidity metric that shows how many buy and sell orders there are for a given cryptocurrency at different price points. So, how is market depth displayed? A depth chart is commonly used to illustrate this data. It plots buy orders (bids) on one side and sell orders (asks) on the other against price levels. For example, consider the order book of ...