Bitcoin Slipped Below $71,000 As Crypto Trading Picked Up
to investors rotating positions, not adding new money.
Why should I care?
For markets: Crypto still takes its cues from the macro mood.
Falling yields and rising equities can give crypto a tailwind, but Monday was a reminder it’s not a one-to-one relationship. Big volume alongside small price moves suggests two-way flow – traders hedging, taking profits, or switching between large tokens. That can keep volatility contained in the short run, but it also means the next data or rates surprise can move prices quickly if one side suddenly steps back.
Zooming out: Liquidity looks better than conviction.
Higher volumes can be a healthy sign because they make it easier to trade size without huge price gaps. But when an index barely moves despite…
