‘Dismal’ Bitcoin Volumes Could Signal A Perfect Storm
Bitcoin trading volume among the top ten biggest bitcoin and crypto exchanges has fallen to under $200 million a day, according to bitcoin and crypto data company Messari, down 20-fold from a peak of $4 billion per day just a few months ago.
"Across all crypto venues, volumes are dismal," eToro's senior market analyst Mati Greenspan wrote in a Twitter thread, sparking industry concern.
"This is a giant lull in crypto volumes across the board."
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