RATE Group | Soars above $7,000 as Bakkt BTC volume hits new ATH – Confluence Detector
72578
post-template-default,single,single-post,postid-72578,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Soars above $7,000 as Bakkt BTC volume hits new ATH – Confluence Detector

19 Dec Soars above $7,000 as Bakkt BTC volume hits new ATH – Confluence Detector

Posted at 08:28h in Bitcoin News by

[ad_1]

  • Bitcoin jumps above $7,000 and extended the bullish leg close to $7,500.
  • Bakkt Bitcoin futures volume hit an all-time high of 6,312 BTC up from November’s 5147 BTC.

Bitcoin reacted incredibly well following a couple of weeks characterized by constant bearish battering. The recent low in October came to the rescue of the bulls who amassed the strength to push Bitcoin above $6,800 and $7,000 resistance zones. The breakout gained momentum with Bitcoin testing $7,500 to the upside.

Bakkt Bitcoin daily volume hits a new all-time high

Amid the soaring Bitcoin price, the new Bitcoin futures contract platform, Bakkt recorded an impressive volume. The platform has continued to gain interest in the market following a poor start in September that saw it record a 71 BTC daily trading volume. According to Bakkt Volume Bot, the platform spiked to an all-time high of 6,312 BTC ($45.56 million). The previous all-time high was in November at 5147 BTC ($38.74 million).

[ad_2]

Source link

Tags:
, , , , , , , ,