Crypto

'10 thousand dollars' levels in bitcoin volume


Bitcoin, whose daily trading volume exceeds $ 11 billion today, has reached its highest daily trading volume since April 25, 2018.

The price of BTC, which is around $ 10,000 on April 25, is currently $ 3,950, but the volume is now $ 3,950.

Interestingly, Bitcoin's trade volume and price trend were moving in the same direction for years. This relationship ended when the trade volume declined as a result of the sudden depreciation of the crypto money market in November

Bitcoin was $ 6,385 on November 10, 2018, before falling to $ 3,000. At that time, the daily trading volume was $ 3.7 billion.

Today, Bitcoin's price fell by almost half of its November price, but its daily trading volume exceeded $ 11 billion, up from 200% on November 10, 2018

Bitcoin's daily trading volume record was $ 23.84 billion on January 5, 2018. At that time, the price of BTC was $ 17,430

The trading volume of the Litecoin was again followed by a similar trajectory with Bitcoin

The transaction volume and price of Litecoin

The price trend separated from the trading volume in November. At the time, the price of LTC was around $ 50, while the transaction volume was in the range of $ 300 to $ 600 million.

By the end of November, Litecoin was down to $ 30, and is now at around $ 58, with a daily trading volume of $ 1.79 billion. 19659002] As for the small difference between the transaction volumes and price relations of Litecoin and Bitcoin, Litecoin has increased its transaction volume by December, and has increased by 100%, while the Bitcoin dip rose by only 20%.

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