right now BAAKT shows their volume is increasing, this is good for bitcoin, but not good for altcoin,
I only have a little bitcoin, and a lot of altcoin, if bitcoin still shows signs of bullish then altcoin will go down again and again
I checked the Bakkt volumes and even now they are far lower than what was expected. There was a lot of hype surrounding Bakkt before its launch and the cold reception it got in the market definitely had a lot of impact on the Bitcoin prices. That said, I am not bothering much about it now. So far this week, we have seen the prices increasing from $7,400 to $9,600, which showed that there are plenty of other triggers which can have a positive impact on the exchange rates.
when BAKKT trade start its not suitable with hope many traders.before it launched , cryptocurrency community so optimism with bitcoin price in future.but unfortunately imagination and fact very different.trading volume growth slowly meanwhile they were institutional investor.maybe it need more time to attract more investors start their investment here.