BYDFi
Trade wherever you are!
Buy Crypto
New
Markets
Trade
Derivatives
common-fire-img
BOT
Events

What are the key factors that influence the BTC order book?

Raghul KannanJun 20, 2023 · 2 years ago1 answers

What are the main factors that affect the order book of Bitcoin (BTC)?

1 answers

  • riham issaSep 24, 2022 · 3 years ago
    The BTC order book is influenced by various factors, but the most important ones are market demand and supply, market sentiment and news events, liquidity and trading volume, and the presence of large institutional traders. Understanding these factors can help traders make more informed decisions in the cryptocurrency market.

Top Picks