Bitcoin trading volume skyrocketed in recent price drop

It was a tough week for the cryptocurrency market, as the price of Bitcoin fell below $39,000, indicating that traders are actively leaving positions or putting their money aside to get away from risk, which is indicated by the “Santiment” platform.

According to trackers and providers of data analysis service on the blockchain, the volume of Bitcoin trading has increased significantly recently, coinciding with the bearish trading sessions.

In the past, a drop in prices was usually accompanied by a decrease in trading volume.

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