30-4-2025 – Fresh data analysis from blockchain intelligence firm Glassnode has unveiled a concerning trend in Bitcoin’s market dynamics, with spot trading volumes experiencing a marked decline over a three-day stretch.
The cryptocurrency markets have witnessed a notable shift in momentum, as trading activity plunged into negative territory. The stark downturn began on 27 April, when volumes dipped to -$30.9 million, before spiralling further downwards to -$193.4 million by 29 April, based on seven-day moving averages.
Market analysts suggest this pronounced decline in trading volumes could signal a significant shift in investor behaviour. The data points to a commanding presence of sellers in the market, whilst buyer interest appears to be waning considerably.
