Bitcoin’s Rally Is Built on Low Trading Volume. That Adds to the Risks. |


has rocketed 37% since the start of the year, completely erasing its losses after the demise of the cryptocurrency trading platform FTX. But there is ample reason investors shouldn’t chase the rally.

The big one? Much of crypto tokens’ large swings are built on such thin trading that it would take very little to send prices crashing down again.

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