high of around $48,900 (on Bitstamp). As bitcoin was preparing to challenge the $49,000 price line, though, the situation changed, and the subsequent rejection drove it down to a daily low of $47,600. Since then, BTC has recovered several hundred dollars and currently stands above $48,000. This comes even with the minimal trading volume during the weekend. Bitcoinity data shows that the trading volume in the past several weekends has been substantially lower than during the weekdays, and this time is no exception. Did you like this market update?