Bitcoin Price Prediction as Daily Trading Volume Falls to $3 Billion - Are Whales Leaving the Market?

As Bitcoin's price hovers at $29,366, reflecting a slight 0.22 percent decrease on Sunday, concerns arise about the declining daily trading volume, potentially signaling a departure of whales from the market. Adding to the uncertainty, SEC Chair Gary Gensler highlights the highly speculative nature of cryptocurrency, with fraud being a prevalent issue. ...