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Bitcoin prices are looking weaker on Monday following heavy selling on Friday as traders digested the latest US labour market data. A strong upside surprise in the NFP saw traders dialling back their September easing expectations, sending USD surging higher. As a result of the shift in USD, we’ve seen risk assets coming under heavy selling pressure with BTC ...
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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 ...