The trading volumes remained low during the weekend once again, but bitcoin jumped by more than $1,000 in a day to a high of around $34,700. The alternative coins have also bounced off and reclaimed some ground, with BNB exceeding $330 and XRP spiking by 5%.
Bitcoin Tops $34K Despite Minimal Volume
The scenario in the past two weekends was quite similar, and we didn’t see much going on. As a result, the trading volume reached multi-month lows, according to data from Bitcoinity.
Somewhat expectedly, this meant that the primary cryptocurrency failed to produce any massive price movements in either direction. The asset had recovered from its dump to $32,100 and traded around $33,000 at the start of the weekend.
It initiated a leg up on Saturday, resulting in a jump above $34,000, which was short-lived, though, as another drop to $33,000 followed.
However, the bulls stepped up once more and pushed it north to approximately $34,700 – reached earlier today. This became BTC’s highest pr
Źródło: https://cryptopotato.com/bitcoin-price-tops-34k-on-another-minimal-weekend-volume-market-watch/
