Question #566 ·
What does Bitcoin’s recent price jump to about $95,500 and its $57.6 billion trading volume tell beginners about investor interest?
- It means that retail traders are panic selling from fear
- It suggests that developers are launching new altcoins this time
- It reveals that miners are hoarding coins and withholding supply
- It indicates strong investor demand and sustained high trading activity Right answer
Why is this the correct answer?
This is correct because a significant price rise coupled with large trading volume demonstrates growing demand and active participation by investors. Beginners should see these signals as confirmation of market confidence and increased buying pressure.