Cryptocurrency Q&A Why is bitcoin volume so low?

Why is bitcoin volume so low?

Lucia Lucia Sat Dec 21 2024 | 7 answers 1651
I've noticed that the trading volume of Bitcoin seems unusually low recently. I'm wondering why this is happening, especially given its past popularity and widespread adoption. Is there a specific reason for this decrease in volume? Why is bitcoin volume so low?

7 answers

Raffaele Raffaele Mon Dec 23 2024
The failure of crypto-friendly institutions in the financial sector has been impactful.

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Martino Martino Mon Dec 23 2024
Specifically, the collapse of Silicon Valley Bank and Signature Bank in March 2023 has stirred up significant repercussions.

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Elena Elena Mon Dec 23 2024
According to Kaiko, this event is one of the contributing factors leading to decreased trading volume during weekends.

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Michele Michele Mon Dec 23 2024
Market participants rely heavily on these banks' payment networks for their transactions.

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Chiara Chiara Sun Dec 22 2024
With the banks no longer operational, market makers have lost a crucial channel for buying and selling cryptocurrencies in real-time.

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