Bitcoin Trading Volume

Crypto markets have remained under pressure since October last year, after Bitcoin scaled its peak and has since been on a declining trajectory

The market analysts, however, remain optimistic, suggesting that ongoing macroeconomic factors point toward a potential trend reversal

Bitcoin is currently 4.25 per cent away from its all-time high of $123,091.60, scaled on July 14 this year

The availability of institutional-grade tools and improving regulatory clarity is encouraging a more sophisticated, professional investor base to participate in this evolving asset class

Market analysts, however, remain optimistic about the long run and expect the impact on the crypto market to be negative only in the short term

Market analysts suggest that the current consolidation of Bitcoin is short-term as investors are awaiting decisive breakout or breakdown signals

Bitcoin is currently 1.42 per cent lower from its all-time high of $109,114.88, scaled on January 20 of this year

Bitcoin, Piyush Walke - derivatives research analyst, Delta Exchange, said, may encounter resistance at $100,000, a significant psychological level, and again around $107,000

The world's most popular cryptocurrency, which also has the largest market capitalisation, has a 24-hour trading volume of $31.77 billion

If bulls can sustain these levels, a move toward the $93,000 resistance is possible, with support standing at $85,000

Israel launched an attack on Iranian soil on Friday, sources said, days after Iran launched a drone strike on Israel

Since Binance stopped its zero-fee trading program, there's been a sharp drop-off in daily Bitcoin volume, Medalie said. Current trends are about half what they were prior to the halt

SINGAPORE (Reuters) -Bitcoin neared a price level on Tuesday that could force software firm MicroStrategy Inc to add more tokens against a bitcoin-backed loan or trigger selling some of its vast holdings, setting fragile cryptocurrency markets on edge.

The governments and companies own close to 8 per cent of all Bitcoin in the world, roughly 1 million Bitcoin (BTC) worth $45 billion, and Bulgaria is the major holder of it, a report said

The average number of trades recorded daily has roughly dropped in half from the December highs and touched its lowest in two years last month