Crypto Prices Dip, But Bitcoin Trading Volume Jumps
s drifted lower, leaving crypto’s own flows to do most of the talking.Why should I care?For markets: Volume can say more than price on quiet days.Overall crypto volume was about $184 billion and barely changed, so bitcoin’s jump stands out. When the biggest coin gets busier while the price goes sideways, it can point to bigger players adjusting exposure, shifting liquidity between tokens, or putting on protection – moves that often show up in volume before they show up in a breakout. One caveat: different data feeds printed slightly different bitcoin moves, so treat tiny percentage changes as approximate.Zooming out: Rates still set the mood even when crypto leads.With the US 10-year yield near 4.13% and equities calm, the usual macro pressure on risk assets was lighter. But at roughly $3 trillion in value, crypto remains highly sensitive to liquidity and confidence, so even small shifts in yields can matter. If rates keep easing, the key question is whether the next leg comes from internal momentum like leverage and inflows, or from broader financial conditions.
