First significant rise in Bitcoin velocity since March shows spike in trading
First major upward thrust in Bitcoin velocity since March exhibits spike in trading
Increased trading process in September ends Bitcoin's months-long velocity dip.
Bitcoin velocity saw an unexpected uptick this September, interrupting a every single day decline that plagued the market since mid-March. This amplify hints at renewed market participation, pushed by traders aiming to capitalize on volatility. Historically, Bitcoin's velocity has been on a downward pattern, reflecting its shift to a protracted-time frame conserving asset, bolstered by rising institutional involvement. Might maybe per chance maybe this latest spike signal a market succesful of destroy from its prolonged consolidation part and...
Source credit : cryptoslate.com