Bitcoin Up 27% in First Half of 2020, Beating Gold, Silver and Platinum
Bitcoin showed its luster during the first half of 2020 amid mediocre returns from precious metals.
Bitcoin is locked in a low-volatility squeeze similar to one seen ahead of a 40% price crash in November 2018. This time may be different.
As bitcoin's volatility tumbles to a 15-month low, is there enough trading volume to go round for the world's 400-plus cryptocurrency exchanges?
The ratio of low exchange volume to high on-chain transaction volume frequently corresponds with increased volatility.
Bitcoin traders love hitting buy on their terminals when the price is around $9,000.
Crypto exchange volumes could continue falling should volatility remain at these low levels, said CryptoCompare CEO Charles Hayter.