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Monday, 02/22/2021 6:15:12 AM

Monday, February 22, 2021 6:15:12 AM

Post# of 63464
https://www.coindesk.com/bitcoin-faces-price-turbulence-as-market-liquidity-falls-says-jpmorgan

Omkar Godbole
Feb 22, 2021 at 2:18 a.m. PST

Bitcoin’s falling market liquidity – how much is available for trades – is raising the risk of wild price swings, according to analysts at JPMorgan.

“Market liquidity is currently much lower for Bitcoin than in gold or the S&P 500, which implies that even small flows can have a large price impact,” Bitcoin’s falling market liquidity – how much is available for trades – makes it prone to wild price swings, JPMorgan’s Nikolaos Panigirtzoglou wrote in a note on Friday, as reported by Bloomberg.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y