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Bitcoin liquidity situation worsening; volatility expected to be enhanced

March 23, 2023
in Crypto Exchanges
Reading Time: 1 min read
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Fast Take

Order e book depth continues to make new lows for Bitcoin; these at the moment are 10-month lows, in accordance with Kaiko.
A serious ramification of an illiquid market can push path in both method.
The banking disaster and closure of USD fee rails, crypto banks reminiscent of Silvergate and Signature Financial institution, may very well be a web profit in the long term, because it may encourage extra folks to take self-custody of their Bitcoin when straight shopping for from an trade.

Market Depth: (Source: Kaiko)
Market Depth: (Supply: Kaiko)

The submit Bitcoin liquidity scenario worsening; volatility anticipated to be enhanced appeared first on CryptoSlate.

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Tags: BitcoinEnhancedExpectedLiquiditysituationVolatilityworsening
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