Bitcoin Volume, Volatility Hit Yearly Lows Despite Price Nearing ATH

From fxdailyreport.com

Although Bitcoin ($BTC) is nearing its all-time high (ATH) price level, significant market indicators are raising concerns. As per the data from Glassnode, despite the price rise near ATH, Bitcoin’s volume is crashing while it experiences considerably low volatility. The prominent on-chain analytics platform took to its official social media account to share insights into the ongoing decline in Bitcoin’s volatility and volume. chart Based on the on-chain data, the flagship crypto asset is experiencing noteworthy dip in volume as well as liquidity. A unique aspect of this scenario is that the respective downturn ... (full story)