During the intraday trading session on 20 October, the 50% surge in trading volume contributed to the coin trading briefly above $29,000 for the first time since Augustover the past week has led to the crypto recording a 10% uptick in value over the last seven days.
However, if a large number of previously dormant BTCs are being spent at once, as seen on 19 October, it typically suggests a shift in market sentiment or strategy among holders.
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Source: CryptoAmb - 🏆 22. / 68 Read more »