This move happened on lower volume, as yesterday’s volume was down 24.22% from the day before — and down 37.27% from the same day the week before.
Increasingly, with each monetary stimulus injected into the legacy financial system, bitcoin’s core value function will become more apparent and more intuitive to more people….
The price move occurred on volume that was up 26.21% from the day prior, but down 59.74% from the same day the week before.
Relative to other instruments in the top cryptos asset class, bitcoin ranked 4th since the previous day in terms of percentage price change.
The bitcoin standard is the essential resource for a clear understanding of the rise of the internet’s decentralized, apolitical, free-market alternative to national central banks….
It looks like #bitcoin may actually be living up to its status as a non-correlated asset after all.
The change in price came along side change in volume that was up 46.08% from previous day, but down 32.99% from the monday of last week.
Bitcoin, the digital asset that had come to be identified with its non-correlation, was broken, many warned, and if it was correlated with traditional markets its use and value were gone….
Both individuals and businesses in venezuela want to sell their bolivars for bitcoin to acquire other fiat currencies, either to save or to pay for a range of goods and services, both digital and physical, purchased all around the world….