Bitcoin (BTC) spot volumes on Binance have dropped to their lowest level since September 2023, indicating that the current intraday price rise may not be backed by strong demand. The rally above $71,700 on Monday appears to be driven mainly by news headlines and liquidations in the Bitcoin futures markets. Binance volumes and exchange flows …
Continue reading “Bitcoin spot volumes fall to 2023 lows as BTC rallies remain news-led”
