.CoinDesk data showed that BTC’s trading volume across major crypto exchanges sank over the weekend compared to last week. Trading in Asian markets may be light as many investors celebrate the Lunar New Year holiday. MuyaoShen and JPRubin23 report
Bitcoin moved little over the weekend with light trading volume, as the majority of the markets in Asia head to the weeklong Lunar New Year holiday.
At the time of publication, the oldest cryptocurrency is changing hands at over $38,100, up slightly over the past 24 hours, according to CoinDesk data. Ether, the second biggest cryptocurrency by market capitalization, was trading over $2,600 up slightly over the same period. Data compiled by CoinDesk shows that bitcoin’s trading volume across major crypto exchanges sank significantly over the weekend compared with the past week., also known as Chinese New Year or Spring Festival, is the new year based on the traditional lunisolar calendar of China. It is celebrated by many countries in Asia and the celebration usually lasts for weeks.
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