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Bitcoin Remains in Sept. 21 Range as Trading Volumes Decline

Spot and derivatives activity has eased, while Bitcoin’s volatility is approaching its mid-August lows.

By Enna Lee
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A gold disk rests between rails beside descending metal blocks. / TokenPost.ai
A gold disk rests between rails beside descending metal blocks. / TokenPost.ai

Bitcoin (BTC) remained within a trading range established Sept. 21 as spot and derivatives volumes declined, while volatility approached its mid-August lows.

The pullback in volume spans direct BTC trading and contracts tied to its price. Bitcoin has stayed inside the range as participation in both markets has eased.

Volatility measures the size of price moves. Its approach toward the mid-August lows is consistent with Bitcoin’s narrow trading band, but the current range does not establish the direction of its next move.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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