The trading volume of Bitcoin has risen above 300 billion USD, showcasing a buzzing market driven mainly by liquidations. However, U.S. Investors appear to be primarily bearish, placing significant downward pressure on BTC’s price.
Currently trading at approximately 110,000 USD, BTC has decreased by 2.84% recently. High volumes reflect active trading, but over 50% of trades in the U.S. Derivatives market retain a bearish stance, driven by recent whale sales.
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