Bitcoin Trading Volume and Active Users Drop: Clear Indications of Weakening Market Interest
Publication Time:2024-09-06 12:21:07
According to the latest statistical results, over the past six months, there has been a significant downward trend in Bitcoin trading volume, with overall trading volume decreasing by 30% compared to before. At the same time, the daily active user count has reached its lowest level since 2021. This phenomenon indicates that participation in the cryptocurrency sector is gradually declining, aligning with reduced price volatility and market stability for Bitcoin. Analysts point out that the decline in market interest may be related to changes in investors' attitudes towards risk assets, especially given the increased uncertainty in global economic growth, leading to a more pronounced trend of capital flowing into traditional safe-haven assets.
Market Interest
Active Users
Price Stability
bitcoin trading volume