NFT Fad Fading: Trading Volume Declines To Lows Not Seen Since June 2021

Data shows the NFT weekly market volume has now plunged down to the lowest value since July of 2021. Is the non-fungible token hype fading? NFT Weekly Trading Volume Sinks To Lows Not Seen Since July Of Last Year As Bitcoin and the wider crypto market has continued to bleed recently, the non-fungible token sector […]

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 […]

The latest report shows that Ethereum trading volume grew faster than Bitcoin in the first six months of 2021. Ethereum recorded a 1,461% increase in its trading volume from January to June 2021. This was from an investigation carried out by a top exchange in the industry-Coinbase. Related Reading | ASI President Deems Central Bank […]

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....

The Bitcoin trading volume observed a surge earlier as the price of the crypto crashed below $40k. However, the metric has now once again come back down as the coin has become calmer. Bitcoin Trading Volume Sharply Declines Following A Brief Uplift As per the latest weekly report from Arcane Research, the BTC trading volume […]