Buoyant bitcoin’s losing its liquidity - Printable Version +- Ipoh Community Forums (https://forums.ipoh.com.my) +-- Forum: News and Current Affairs (https://forums.ipoh.com.my/forum-11.html) +--- Forum: International News (https://forums.ipoh.com.my/forum-13.html) +---- Forum: Business, Economy and Investment (https://forums.ipoh.com.my/forum-56.html) +---- Thread: Buoyant bitcoin’s losing its liquidity (/thread-7751.html) |
Buoyant bitcoin’s losing its liquidity - superadmin - 03-28-2023 HONG KONG: Bullish bitcoin has been a surprise winner of the banking blowout. Yet investors aiming to amp up their bets face an ominous obstacle: a lack of liquidity that could trigger wild price swings. The price of the No 1 cryptocurrency has jumped 40% to around US$27,700 since March 10, when the failure of Silicon Valley Bank (SVB) careered into mainstream markets. On the flip side, though, its liquidity is drying up. Bitcoin’s market depth indicates the asset is at its lowest level of liquidity in 10 months, even lower than in the aftermath of the FTX collapse in November, according to data provider Kaiko. The market depth for the two leading trading pairs – bitcoin-dollar and bitcoin-tether – stands at 5,600 bitcoin, the equivalent of about US$155 million, Kaiko said. - More - RE: Buoyant bitcoin’s losing its liquidity - roxcntrum - 09-17-2024 Yes, Imo, bitcoin's recent rise has been impressive, but the drop in liquidity is a real concern. I've noticed it myself. A few weeks ago, I tried moving some funds around and saw how thin the market depth had become. It's wild how quickly things can shift now. For trading during these times, platforms like StealthEX can be a solid choice. They've helped me manage my trades smoothly even when market conditions get tricky. If you're dealing with low liquidity, make sure you're checking how your platform handles it—every bit helps. |