Bitcoin picks up, but volumes remain low – City AM

The price of Bitcoin, the leading cryptocurrency by market cap, is up three per cent over the past 24 hours to around $41,100.

The upturn in fortunes again corresponds with traditional markets, with the tech-heavy Nasdaq climbing more than two per cent.

Spot volumes have been trending down generally for the last few months, but there’s been a particularly sharp decline over the past seven days – especially the last weekend, with just $1 billion worth of Bitcoin changing hands last Saturday.

We share tips, stories and ideas on how to encourage others to try Bitcoin for the first time.

We closed yesterday, April 13 2022, at a price of $41,166.73, up from $40,127.18 the day before.

It’s definitely tempting to get swept up in the excitement, but please heed these words of caution: Do your own research, only invest what you can afford, and make good decisions.

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