Bitcoin’s Price: Steady as a Rock, or a Ticking Time Bomb?
CryptoQuant’s Carmelo_Alemán (yes, that’s his handle-no relation to the composer, presumably) pointed out that Bitcoin’s daily spot volume dropped from 42,026 BTC on March 17 to 35,590 BTC on April 2. That’s a 15.31% nosedive, or as I like to call it, “the market taking the stairs.” Meanwhile, open interest only fell by 8.87%, proving once again that derivatives are the cockroaches of the financial world-surviving everything.




