While the jump in $BTC is nice, trading volumes are lower than usual due to the Lunar New Year holidays for the Asian markets, according to GenesisTrading. Chart of the Day explains the bounce in price on 'All About Bitcoin,' presented by cryptocom:
January’s spot trading volume for the crypto market across major exchanges reached their lowest level since December 2020.
Still, bitcoin topped $40,000 for the first time in two weeks Friday after dipping. Is this an end to the bear market? “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
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