It's definitely a timely initiative. Everyone should participate in this noble cause.
The recent spike in trading volume could signal that when there’s a market move, interest and activity quickly returns
On Monday, the price of bitcoin (BTC, -4.22%) reached $40,000 for the first time since Mid-June, bringing traders back to the market. Daily trading volume for bitcoin reached $9.2 billion, the highest since June 22, according to a report by Arcane Research.
Trading volumes in bitcoin were previously trending downward, with some saying this was, in part, due to Wall Streeters “taking a break,” and heading out on summer vacations. Market action has been lackluster, with the price of bitcoin remaining stuck in a range between $30,000 and $40,000 since May.
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