Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes. Data shows cryptocurrency spot market volume has slipped from $1.4 trillion in November 2021, to this month’s $593 billion in volume. Bitcoin futures open interest and volumes have dropped considerably over the last two months as well.
While November saw $1.4 trillion, December saw a recorded $1.04 trillion. While data is incomplete for the month of January 2022, so far $593 billion in volume has been settled. Even though November’s spot market volume was larger than December’s and the three weeks of January, the $2.23 trillion in volume recorded in May 2021 was double the size.has followed the same pattern as daily crypto trade volumes are lower than they were two months ago.
On November 2, 2021, $53.27 billion was settled that day, while data from January 22, 2022, shows $24.65 billion. While monthly and daily crypto-asset spot market volumes have dipped, the same can be said for derivatives markets like futures and options.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
wow really? thanks captain obvious
We will not slack on cryptocurrency
SHIBA token perfectly 🐶📈 SHIB Giveawaay SHIBA_GlFTS
BlueSparrowtoken
Amazing BSCGem dippage time Did you look at PayItNow_PIN PIN is a new decentralized cryptocurrency Don't miss buy opportunity with small portion of fees BSC Binance cryptocurrencies
This reduction in liquidity is done by large corporations and governments to plunder the small capital of ordinary people, the 2% community whose profits come from the pockets of the people. Of course with the help of large exchange offices around the world
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin Sinks To Six-Month Low, Leading Crypto Market DownwardFollowing a Thursday plunge, which sent the Nasdaq 100 Index into a correction, cryptocurrencies tumbled overnight, recording losses of nearly $200 billion. They will continue to go down, there are Arabs who need to afford those Lamborghinis. 🤣🤣🤣 Hi, I am a structural engineer from Iran who have many ideas. I have summarized some of my ideas on my twitter(I suggest look at the idea of generating electricity by gravity). I want to work with companies and investors. Do you want to cooperate?
Source: Forbes - 🏆 394. / 53 Read more »
Grayscale Bitcoin Trust (GBTC) Premium Plummets 30% to All-time Low Amid Market Sell-offGBTC premium drops to an all-time low at 30% as bitcoin and the general crypto market struggle with double-digit losses.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Bitcoin Sinks To Six-Month Low, Leading Crypto Market DownwardFollowing a Thursday plunge, which sent the Nasdaq 100 Index into a correction, cryptocurrencies tumbled overnight, recording losses of nearly $200 billion. Next pump um 35 days!!!
Source: Forbes - 🏆 394. / 53 Read more »
Bitcoin Sinks To Six-Month Low, Leading Crypto Market DownwardFollowing a Thursday plunge, which sent the Nasdaq 100 Index into a correction, cryptocurrencies tumbled overnight, recording losses of nearly $200 billion.
Source: Forbes - 🏆 394. / 53 Read more »
Crypto stock plunge could pump the brakes on IPO and deal marketBearish activity in the market could dampen the ambitions among crypto companies to go public. Hi, shuna_inuverse is the new gem With the insane nfts and continuous eth reflections, soon to be on saitamask and about to blow to over 100 Mil MC. tweetforshuna shunaV2 shunainuverse
Source: TheBlock__ - 🏆 464. / 53 Read more »
Bitcoin falls to $36K, traders say bulls need a ‘Hail Mary’ to avoid a bear marketBTC price dropped to new lows at $36,000, leading analysts to call for a “Hail Mary close above $39,600” to stave off a bearish shift in Bitcoin’s market structure. SenseiShibSwap SenseiShib senseishibtoken $SENSEI | Vested Private Sale | Director Doxxed | Live AMAs| SenseiSwap Live | 🇬🇧 UK TEAM 🇬🇧 🏅 KYC VERIFIED 🏅 🕵️♂️ CONTRACT AUDITED🕵️ JOIN NOW ITS STILL EARLY ! binance coinbase AltcoinDailyio Bitboy_Crypto elonmusk CryptoMo 90% drawdown mates!
Source: Cointelegraph - 🏆 562. / 51 Read more »