Roman PankivNov 26, 2021 · 3 years ago3 answers How do bid and ask prices affect trading volumes in the cryptocurrency market?
In the cryptocurrency market, how do bid and ask prices impact the trading volumes? What is the relationship between bid and ask prices and the amount of trading activity in the market? How do these prices influence the decision-making process of traders and investors? Are there any specific strategies or patterns that traders follow based on bid and ask prices? How do bid and ask prices affect the liquidity and volatility of cryptocurrencies?