NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Bitcoin (BTC) Advances to Above 5,100 as Overall Crypto Market Trading Volume Plummets

Cole Petersen
Cole Petersen
1 year ago
2 mins read
Bitcoin BTC

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin (BTC) and the crypto markets have continued to express increasing stability and have not yet made any large price movements despite it being a weekend trading session with lower-than-average trading volume.

It is important to note that Bitcoin and the aggregated markets have seen continuously declining trading volume over the past seven days, which may signal that the markets are gearing up for a large price swing in the near future.

Bitcoin (BTC) Slowly Advances Past $5,100 as Volume Declines

At the time of writing, Bitcoin is trading up marginally at its current price of $5,115, up from its 24-hour lows of $5,050. It is important to note that BTC is currently trading at its daily highs, but declining trading volume may jeopardize the strength of any further upwards movements.

Bitcoin’s trading volume is currently at under $10 billion, down from its weekly highs of nearly $20 billion. This declining volume may lead to greater levels of volatility in the near future as BTC appears to be forming a consolidation pattern around its current price levels.

The overall crypto markets have also witnessed declining trading volume over the past week – dropping to its current levels of just over $30 billion from its seven-day highs of over $60 billion.

Analyst: BTC Likely to Continue Leading Crypto Markets in Near Term

Josh Rager, a popular cryptocurrency analyst on Twitter, contrasted Bitcoin’s chart and the overall crypto market cap chart in a recent tweet, explaining that he looks towards BTC’s chart over the total market cap chart when assessing possible trades, as it currently dominates the majority of the markets.

“Therefore, when it comes to market forecast, I look at the Bitcoin chart first before serious investments & trades (it makes up 50%+ of the MCAP atm.) Then research Ethereum, followed by altcoin charts/volume (ETH chart is relative at times as it can lead Alts but not always,)” Rager explained.

https://twitter.com/Josh_Rager/status/1117283097052164096

Moreover, Rager later explained that the spike in volume in the total crypto market cap last week does not appear to be bullish, but it does seem to show a renewed interest in the markets from individual investors and traders.

“Currently, don’t see the extreme bullishness in Total MCAP setting record volume considering the record number of shit coins in the market along w/ BTC at 54% dominance. But it does show a renewed interest from investors/traders,” he explained.

https://twitter.com/Josh_Rager/status/1117283099451297792

As a fresh trading week kicks into gear, traders and investors will likely gain greater insight into which direction the markets are heading next as the market’s trading volume will likely pick back up.

Featured image from Shutterstock.
Tweet123Share196ShareSend
Cole Petersen
Cole Petersen

Cole Petersen

Cole is a cryptocurrency analyst based in Los Angeles. He studied at the University of California Irvine and has been interested in Bitcoin and the crypto markets since 2013.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin Brushes $110K as Whales Pull Funds from Binance, What Are They Planning?

Bitcoin Brushes $110K as Whales Pull Funds from Binance, What Are They Planning?

Bitcoin’s upward momentum has returned, with the asset briefly crossing the $110,000 threshold before pulling back slightly. After hitting a...

Samuel Edyme 2 hours ago

加密貨幣集體上升 比特幣目標價13萬美元!現在下注百倍幣有哪些?

宏觀轉向牛市訊號紛至沓來,七月的開局猶如多頭列車啟動信號響起。加密貨幣市場全面走強,比特幣升穿11萬美元關鍵區間,以太坊亦隨之上攻,迷因與山寨代幣板塊迅速接棒,整體市值隨之水漲船高。 這場漲勢並非空穴...

Mark Mak 2 hours ago

Under Stress: Tron Revenue Drops As Nearly $190M Flows Out

TRON’s token TRX has barely budged despite a flurry of on‑chain action. Traders saw a 5% gain over the past...

Christian Encila 4 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Analyst Sees a Bitcoin Market Shift — Here’s What’s Happening

Analyst Sees a Bitcoin Market Shift — Here’s What’s Happening

Samuel Edyme 20 minutes ago
Bitcoin

Bitcoin Latest Rally Backed By Stronger Purchasing Power: Report

Keshav Verma 1 hour ago

BTC-майнеры держат монеты, несмотря на низкую прибыль

lisachaikina 1 hour ago

Premium Sponsors

Press Releases

  • Top kryptoměna ke koupi dříve, než vzroste o 2 200 %, podle Cathie Wood

    Top kryptoměna ke koupi dříve, než vzroste o 2 200 %...

    10 hours ago
  • The smartest way to make money in 2025: Invest in cloud...

    16 hours ago
  • Od Bitcoinu k BTC Bull: Kde leží skutečný potenciál?

    ...

    16 hours ago
  • Bitcoin vs. Gold: Which Is the Best Investment In 2025?

    17 hours ago
  • Profit of $5,735, senior trader uses Ripple (XRP) to open...

    17 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.