CoinDesk cited Glassnode's analysis, stating, "Bitcoin's daily spot trading volume recently fell below $8 billion. The decrease in trading volume leads to a reduction in market depth (the size of buy and sell orders within ±2% of the current price) and liquidity, making prices more vulnerable to sharp fluctuations," it warned. In this regard, CoinDesk added, "The Federal Reserve (Fed) will announce its interest rate decision early on the 30th KST. While the market anticipates a rate freeze, risk assets could be impacted if a hawkish statement expressing concerns about economic growth and inflation risks is released."
