News Formal

Digital asset market liquidity hits lowest level since 2020, report says

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 68%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Although the digital assets market has seen a notable decline in liquidity and trading volume since November 2022, long-term holders of Bitcoin have retained their holdings.

began, USDT’s supply has increased by an additional $13.3 billion. USDC, on the other hand, has suffered a supply decline of $16.7 billion.

Regarding BUSD, it has seen an 89% decline in supply since November 2022. According to Glassnode, this has been “largely due to issuer PaxosVolatility remains low in the BTC market

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 22. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Feeling seen again': How the beauty industry bounced back after 2020Despite economic challenges, the beauty industry continues to thrive.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »