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Monthly spot trading was up 128% to $3.43 trillion, marking the second-highest monthly total, while derivatives trading volume climbed 89.4% to $6.99 trillion, setting a record high, the report says.
According to Bloomberg, in November 2019, Coinmarketcap introduced a Liquidity metric designed to combat fake trading volume. [4] In April 2020, Binance, a cryptocurrency exchange, acquired Coinmarketcap for an undisclosed amount. Forbes suggested that the deal could be worth $400 million. [5] [6]
Bitcoin price hits all-time high above $66,000 [citation needed] 22 January 2022 $35,000 : Bitcoin price falls almost 50% from all-time highs, to below $35,000 [220] 12 May 2022 $25,401 : Following the Terra-LUNA crash in May 2022, Bitcoin retreated to its lowest level since December 2020. Traders seized the discounted bitcoin to buoy the price ...
Various studies have found that crypto-trading is rife with wash trading. Wash trading is a process, illegal in some jurisdictions, involving buyers and sellers being the same person or group, and may be used to manipulate the price of a cryptocurrency or inflate volume artificially.
Over the past 24 hours, crypto trading volume has doubled to $87 billion as of noon New York time. For the same period, $132 million in trader positions shorting bitcoin have been liquidated ...
The latest jump on came after Trump picked a pro-crypto SEC chief. ... The rise came after bitcoin passed $100,000 for the first time in history, ... The cryptocurrency was trading at $103,444.90 ...
An open-high-low-close chart (OHLC) is a type of chart typically used in technical analysis to illustrate movements in the price of a financial instrument over time. Each vertical line on the chart shows the price range (the highest and lowest prices) over one unit of time, e.g., one day or one hour.
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