Trade volume recovery in BTC and ETH, the most watched liquidity metric, is eye-catching. Two of the top-15 trading volume days since the market top two years ago were recorded during this recent rally. And most of the other high-volume days happened as dramatic company failures were taking place in 2022, or as several mid-sized U.S. banks got into difficulty in March 2023. BTC Spot volumes, which until September were breaking three-year lows, have steeply recovered and are now approaching six-month highs.
Bitcoin-to-Gold Bottom Fractal is Breaking as BTC Looks for a Bottom
For years, Bitcoin (BTC) traders have watched its price relative to gold (XAU) for clues on when BTC bottoms in...
