#Bitcoin Price Prediction as Daily Trading Volume Falls to $3 Billion – Are #Whales Leaving the Market?

As Bitcoin's price hovers at $29,366, reflecting a slight 0.22 percent decrease on Sunday, concerns arise about the declining daily trading volume, potentially signaling a departure of whales from the market.

Adding to the uncertainty, #SEC Chair Gary Gensler highlights the highly speculative nature of #cryptocurrency, with fraud being a prevalent issue.

Moreover, the recent reservations expressed by the German authority concerning #Binance's CEO have led to the withdrawal of their license application, adding further complexity to the crypto landscape.