{"id":387971,"date":"2019-06-28T20:00:31","date_gmt":"2019-06-28T20:00:31","guid":{"rendered":"https:\/\/uniquehot.com\/?p=387971"},"modified":"2024-06-11T13:44:46","modified_gmt":"2024-06-11T13:44:46","slug":"bitcoin-trading-volume-record-crypto","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-trading-volume-record-crypto\/","title":{"rendered":"Bitcoin Sets 24-Hour Trading Volume All-Time High, Nearly Double Last Crypto Bull Run"},"content":{"rendered":"

All this week, Bitcoin price<\/a> action has been heating up, bringing traders the most volatility seen since the last bull run<\/a>. The price of the leading crypto asset by market cap violently bounced back and forth between $10,500 and $13,000 for much of yesterday after it was rejected at overhead resistance at $14,000.<\/span><\/p>\n

These movements represent over 20% price swings either way, and offer experienced or lucky traders the opportunity to grow their capital or BTC stacks by buying and selling the massive price swings. This opportunity and trading activity has led to Bitcoin<\/a> setting a new all-time high, not in price, but in 24-hour trading volume \u2013 nearly doubling the volume saw at the height of the last bull run.<\/span><\/p>\n

Bitcoin Sets Record High in Trading Volume As $44 Billion Changes Hands in 24 Hours<\/span><\/h2>\n

Volume increasing shows that a trend is strengthening, and yesterday\u2019s history-making, record-breaking trading volume in Bitcoin markets could be a sign its about to embark on the greatest bull run the world has ever witnessed.<\/span><\/p>\n

Related Reading | Bitcoin Price Action: Volatility is Back in a Big Way, Tom Lee Says To Buy and HODL\u00a0<\/a><\/strong><\/em><\/p>\n

It\u2019s already steadily outperformed the stock market, painted one of the strongest monthly reversal candlestick formations ever<\/a> that analysts say \u201cshould never be ignored,\u201d and has risen 300% since it\u2019s December low. Now, it\u2019s set an all-time high in 24-hour trading volume according to CoinMarketCap<\/a>.<\/span><\/p>\n

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Bitcoin just set a new all-time record in 24H volume: 42 billion USD<\/p>\n

The highest volume recorded during the bull run of 2017-18 was 24 billion<\/p>\n

New money entering the market<\/p>\n

The parabolic rise of crypto hasn't even begun. It's just getting started<\/p>\n

Long Bitcoin. Long Blockchain pic.twitter.com\/0O5MD7ZQ6S<\/a><\/p>\n

— Misha Lederman (@mishalederman) June 27, 2019<\/a><\/p><\/blockquote>\n