Bitcoin velocity saw an unexpected uptick this September, interrupting a steady decline that plagued the market since mid-March. This increase hints at renewed market participation, driven by traders aiming to capitalize on volatility. Historically, Bitcoin's velocity has been on a downward trend, reflecting its shift to a long-term holding asset, bolstered by rising institutional involvement. Could this latest spike signal a market ready to break from its prolonged consolidation phase and...

First significant rise in Bitcoin velocity since March shows spike in trading
Increased trading activity in September ends Bitcoin's months-long velocity dip.

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.