Surges in Binance spot volume have coincided with local market tops in the past. In fact, similar instances on Aug. 8, 15, 20 and 23 were all followed by a pullback in the price of bitcoin. True to form, the cryptocurrency has retreated below $60,000 following this most recent uptick.
Related posts
-
Bitcoin Hits $76K as Trump’s Economic Agenda Shakes Markets
Bitcoin (BTC) experienced a volatile trading day on March 10, 2025, hitting a low of $76,600... -
Bitcoin Slips Under 200-Day Moving Average – Will The Downtrend Continue?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry... -
US Bitcoin Reserves Could Spark Global Adoption, Says Skybridge Capital Founder
Anthony Scaramucci, founder and managing partner of Skybridge Capital,...