Cryptocurrency combined market cap charts, bitcoin dominance charts, and more. Oct 01, · Bitcoin Global users can now gain access to a second major crypto asset. Alongside Bitcoin, users will be able to trade Tether's USDT. The prominent stablecoin has a . Feb 02, · When Bitcoin started its rally at $2,, the daily trading volume on all exchanges monitored by Coinmarketcap was about $3 billion. It went beyond $23 billion on two occasions: on December 18, when the BTC quotation was fluctuating at around $16,, and on January 6, when Bitcoin hit the highest level in , at $17,Author: IQ Option.
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Is the relationship between the volume and price direct? But when we look at the volume figures, the uptrend gets a bit steeper. To make sure we have a somewhat close ratio between the two indicators, we can use data from Bitcoinity :.
If we talk about the daily volume expressed in the number of Bitcoins traded, then we can see a different picture. As we can see, in the last six months, the BTC volume actually peaked in September rather than December, when its price hit the record high. There is some volatility in the BTC volume, but the indicator moves in a sideways trend. Now here is the surprise, if we check the BTC volume on a two-year chart , then we get something like this:.