Faced With The Scourge Of Hacks, NFT Trading Volume Slump To 12-Month Lows
There was a huge surge in interest in NFTs throughout the summer of 2021. After a year, the NFT market’s trading volume has plummeted. Due to the lowest trading volumes in a year and the growing epidemic of NFT hacks, interest in NFTs has decreased along with the overall cryptocurrency market. NFT Suffers Setback The […]
Related News
Bitcoin continues to observe new yearly lows for volume as volatility also continues to decline further. Bitcoin Volume And Volatility At Yearly Lows As per an Arcane Research report, the 7-day average trading volume for BTC continues to hit yearly lows. This is the third consecutive week that the indicator has plunged down. The below […]
Data shows the NFT weekly trading volume has now declined to lows not seen since June 2021, as the NFT hype continues to die down. NFT Weekly Trading Volume Has Now Come Down To Just $81 Million The non-fungible token market has been struggling since a few months now as the rest of the crypto […]
Data shows the Bitcoin trading volume on exchanges other than Binance has recently been near the yearly lows reached in April. Bitcoin Spot Trading Volume Is Much Lesser When Excluding Binance According to the latest weekly report from Arcane Research, while the daily total spot volume averaged to $8 billion during the last week, this […]
Data shows the weekly average Bitcoin trading volume has stabilized around the same lows as July 2021 as market activity remains low. Bitcoin Trading Volume Has Stayed Low In Recent Weeks According to the latest weekly report from Arcane Research, the BTC trading volume has sunk down to July lows recently. The “trading volume” is an indicator that measures the total amount of Bitcoin being transacted on the chain in a day. When the value of this metric goes up, it means investors are moving a higher number of coins right now. Such a trend suggests the market activity is going....
Bitcoin Cash had shed 24% of its value in the previous 12 days. Leading coins like Bitcoin (BTC) and Ethereum (ETH) have also experienced double-digit losses over the past 26 days as a result of the broader market slump. BCH support present at $113.2 Bitcoin Cash key resistance spotted at $117.44 BCH price currently trades at $115.65 Bitcoin Cash has already shed 10% of its value in the last 24 hours. This, despite enjoying 40% increase In trading volume in the last 30 days. Since the start of the month, the total market capitalization of cryptocurrencies has....