Bitcoin Trading Volume Hits an 8-Year High; Is This a BTC Bear Trap?

Bitcoin (BTC) has recently experienced increased price volatility, with the asset breaching key levels to the downside. However, the maiden cryptocurrency’s depressed price has not reflected on other key metrics like trading volume.

Indeed, Bitcoin’s trading volume on crypto exchange Coinbase has hit an eight-year high representing the highest volume ever, data shared by investment research platform Game of Trades on November 15 indicates.

(by Paul L.)

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