​​Bitcoin's price has risen over $1,000 since April 28. How have trading volumes grown? We take a closer look at hourly…

​​Bitcoin's price has risen over $1,000 since April 28. How have trading volumes grown? We take a closer look at hourly BTC/USD volumes on top exchanges. As the price began its steady rise, volumes quickly jumped more than 10-fold compared with the previous time frame, across all exchanges analyzed. Sudden volume jumps are normal during price movements, but with the Bitcoin halvening approaching, volume has taken on significant importance and will be closely watched over the next 2 weeks as an indicator of further price action.