Bitcoin Volatility Is Up, Liquidity Stagnant

Liquidity companies are not hurrying in. To evaluate marketplace makers’ enthusiasm for bitcoin, we turn to network facts: the combination balances of exchange wallets, as a share of bitcoin’s complete offer. This evaluate of exchanges’ bitcoin flows reveals some responsiveness to volatility. Calendar year-to-day highs had been established in late May possibly and early July, when volatility was on the increase and peaking, respectively.