Bitcoin Summer Lull Here? Trading Volume Plummets to Yearly Lows

Bitcoin Back In ‘Retesting Phase’ After Key Level Reclaim – The Calm Before The Storm?

After achieving its highest weekly close to date, Bitcoin (BTC) is now attempting to confirm two crucial levels as support before continuing its rally to new highs. Some analysts have suggested that the cryptocurrency may be experiencing a “calm before the storm” phase. Bitcoin Set For Key Support Confirmations Bitcoin managed to close above two crucial levels over the past few days, recording its highest weekly close in history. Last week, the …

Bitcoin Summer Lull Here? Trading Volume Plummets to Yearly Lows

On-chain data shows the Bitcoin Spot and Future Volumes have dropped to new lows, despite the price holding near $110,000.Bitcoin Trading Volumes Are …

Bitcoin Holds Above $100K Despite Low Volume: 2 Signs Point To More Upside - Data Intelligence

The total Spot and Futures volume of Bitcoin dropped by more than $36 Billion. Retail transferred BTC to larger wallets, hinting at quiet accumulation from whales. Bitcoin [BTC] was trading at $108K as of press time, with price attempting to breach the $110K level. Despite this consistent stay above the $100K, BTC faced mixed developments concerning its future price movements. As price stayed up, volume, a key factor in trading was drying up. Wh…

Bitcoin holds above $100K despite low volume: 2 signs point to more upside

Glassnode data reported that Bitcoin spot and futures volume has plummeted to $5.02B and $31.2B respectively.

Moon or Doom: Will Bitcoin Stay Above $100K in July?

Can Bitcoin hold $100K? Prediction market users on Myriad are bullish on the odds, but the charts suggest it might be a close call.

Bitcoin Enters a Summer Calm Phase with Low Volumes and Strong Institutional Demand - The Cryptocurrency Post

TL;DR Bitcoin hovers around $110,000 as spot and futures volumes fall to one-year lows, signaling a possible seasonal pause. BTC options implied volatility drops to levels unseen since 2023, suggesting weeks of limited movement or slight adjustments. Despite lower trading activity, Bitcoin records $790 million in weekly inflows and maintains its bullish cycle driven by institutional demand. Bitcoin (BTC) remains near $110,000, but market data p…