Wednesday, January 27, 2021
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Market Wrap: Bitcoin Hits $40K Again While Ether Volume Is Erupting This Year

After closing out last week at over $40,000 on Sunday, bitcoin hit that price again Thursday while traders are pushing ether volumes to new liquidity levels.Bitcoin (BTC) trading around $39,318 as of 21:00 UTC (4 p.m. ET). Gaining 8.5% over the previous 24 hours.Bitcoin’s 24-hour range: $36,125-$40,066  (CryptoX 20)BTC above

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CME’s Bitcoin futures facilitated over 11 million BTC in volume last year

The Chicago Mercantile Exchange, or CME, recorded significant volume for its Bitcoin (BTC) futures trading product over the course of last 12 months. “More than 2.2+ million contracts were traded in 2020,” a CME representative told Cryptox. Each cash-settled Bitcoin futures contract at the CME is worth the dollar value of

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Bitcoin ‘real’ daily trading volume tops $22B as BTC price recovers

Trading activity on Bitcoin (BTC) exchanges spiked massively even as the BTC price was suffering a major correction. According to data from crypto research firm Messari, Bitcoin’s real 24-hour trading volume is about $22.3 billion.To put this figure in context, Cryptox previously reported Bitcoin’s real seven-day trading volume setting a

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Bitcoin’s Monthly Tweet Volume at its Highest Since March 2018

In brief:Bitcoin’s monthly tweet volume has spiked to levels last seen in March 2018December has seen roughly 1.3 million Bitcoin tweetsBitcoin tweets are surging and increasingly coming from unique usersBitcoin posted another all-time high of $29,300 with $30k within sightsBitcoin’s fear and greed index continues to plateau above 90 with

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