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Bitcoin volume hits 2022 high

Bitcoin saw its highest trading volume of 2022 this week, according to new data from Arcane Research.

The volume pushed above $10 billion, marking the highest point since 4 December, 2021, with the cryptocurrency data firm stating: “The market seems to be waking up after a dozy February.”

Crypto market commentator Lark Davis noted the trend, suggesting it occurred “in response to the Russia-Ukraine conflict”.