Bitcoin Liquidity Increased by 10% within 24 Hours Traders Unwaveringly Bullish
According to Bitcoinity.org, the Bitcoin market has seen a 10% increase in liquidity within 24 hours. This suggests that traders are optimistic about the future of Bitcoin and its prospects as a medium of exchange.
The news came as Bitcoin price hit an all-time high of $6,300 per coin on Wednesday before dropping to $6,000 in early trading on Thursday.
Bitcoin is currently trading at around $6,200 per coin. The value of the cryptocurrency has risen more than 90% since mid-December, trading at less than $3,000 per coin at the time.