With Highest Crypto Volume Since 2017, Analyst Awaits Bitcoin (BTC) Bounce

At long last, the crypto market has started to undergo drastic fluctuations. Following weeks of remaining in a lull-esque state, Bitcoin (BTC) broke out of its bear market shell in early-February, posting gains backed by notable levels of volume.

While a substantial amount of time has passed since the aggregate value of all cryptocurrencies pushed from $110 billion to $122 billion in a day’s time, volumes have remained strong, as this nascent market continues to see rapid price action. In fact, Live Coin Watch reports that over the past 24 hours, $14.3 billion has been traded on exchanges, up from the $6 billion lows seen late last year. This simple trend in the cryptocurrency market has led some to claim that a stage is being set for an eventual rally.

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