Bitcoin's low spot volume exacerbates chance of significant liquidations

The majority of liquidations over the past seven days have been long positions that occurred as the market moved lower.

Bitfinex described the current market environment as highly susceptible to more significant liquidations, given that volatility is being exacerbated by exceptionally low spot volumes. The report underscored that bitcoin is in one of the lowest volatility periods in the history of the asset. Low spot volume has plagued the cryptocurrency market throughout September. YouHoldler Chief of Markets Ruslan Lienkha said this was a result of macroeconomic factors diminishing investor appetite for risk assets.investors are instead showing a preference for fixed-income investments. He added that without an immediate macroeconomic catalyst, he doesn't foresee any improvement in the situation in the near future.

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin & Ethereum Prices Dip as Market Turns Bearish, While Bitcoin BSC Nears $5M MilestoneIt's been a difficult 24 hours for Bitcoin (BTC) and Ethereum (ETH) investors, with both cryptocurrencies experiencing corrections. Bitcoin's value has
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Bitcoin price drops as SEC delays decision on Bitcoin ETF, offering new trading opportunitiesAs the SEC delays the decision on Bitcoin ETFs, the BTC price takes a hit. However, automated trading tools can provide new trading opportunities in these uncertain times
Source: Cointelegraph - 🏆 562. / 51 Read more »

'Rich Dad Poor Dad' Author Kiyosaki Reveals True Wealth Secret FormulaBitcoin enthusiast Robert Kiyosaki kicks off week with important message
Source: Utoday_en - 🏆 295. / 63 Read more »

Bitcoin exchange volume tracks 5-year lows as Fed inspires BTC hodlingBitcoin exchange volumes are at multiyear lows, as the Fed accidentally incentivizes BTC hodlers.
Source: Cointelegraph - 🏆 562. / 51 Read more »

SHIB, XRP Payments Now Available for HSBC Bank Users via This PartnershipShiba Inu, XRP, Bitcoin, Ethereum can now be used by HSBC customers to pay bills
Source: Utoday_en - 🏆 295. / 63 Read more »