Bitcoin's Price Takes a Hit, But Trading Volume Tells a Different Story
The cryptocurrency market is on edge as Bitcoin's price takes a tumble. But despite the downturn, trading volume is surging - a sign that investors are still keenly interested in the coin.
So, what's driving this disconnect? For starters, the recent payout to Mt.Gox creditors and a wave of selling in Germany are putting pressure on Bitcoin's price. But with so much activity in the market, it's clear that investors are still bullish on the coin's long-term prospects.
The question on everyone's mind: will Bitcoin bounce back from this slump, or is this the start of a bigger downturn? Only time will tell