Bitcoin and Ethereum Waver–Why Did Trading Volume Drop?
Yahoo Finance·2026-01-16 16:17
The cryptocurrency market wavered Friday as trading volumes cooled, with Bitcoin and Ethereum drifting downward despite positive momentum earlier this week. Following Bitcoin’s jump to $94,600 on Wednesday, the leading digital asset by market capitalization changed hands around $95,300, a 4.6% increase over the past seven days, according to crypto price aggregator CoinGecko. Ethereum has risen 5.9% to $3,250 over the same period of time. Trading volumes for Bitcoin and Ethereum had meanwhile fallen 27% ...