Today, crypto market volume is still strong at $ 14 billion, but the volume of bitcoin has dropped more than $ 5 billion to $ 4.2 billion, I think the market is taking a break or investors are choosing to focus on high-risk trading to get more profits.
What do you think of seeing different crypto markets and volume of bitcoin?
I believe the drop in the market volume of bitcoin is because a lot of bitcoin holders are hodling their coin. Some of these hodlers are into long term bitcoin investment. Looking at the current market price of bitcoin, some percentage of people who are into bitcoin investment change their focusing to invest in other altcoin just to buy more bitcoin.