HomeEconomyCryptocurrency trading volume fell...

Cryptocurrency trading volume fell 63%

Photo: Getty images

The day -to -day bid reached $ 440 billion in February, but since then they fell to $ 163 billion on March 12.

The amount of trade in the cryptocurrency market has reduced, and prices of digital assets have fallen. According to analysts, a sharp decrease in merchants’ activity suggests a weakening of investors inspiration, causing fears about market ability to maintain the current dynamics, Cointelegraph reports.

According to coingecko, after reaching the annual maximum in early February, the total cryptocurrency trading volume dropped by 63%. The day -to -day trade volume reached $ 440 billion in February, but since then it has dropped to $ 163 billion to March 12.

CoinMarketCap data confirmed a similar trend, as it was noted that the trading volume in 2025 reached the peak in early March before decreasing 52% at the current level.

According to the analytical company Santiment, the amount of trading of the major cryptocurrencies continues to decrease even at a slight reduction in prices.

The total cryptornic capitalization has reduced nearly 25% since the beginning of February, which has lost $ 900 billion as a result of a broader market correction. Autumn has accelerated in the last 10 days, when the market has lost 15% of the cost due to fear of retreating in the United States.

According to Santiment analysts, entrepreneurs are starting to act more carefully, not trusting the current stability of rising prices. In fact, a reduction in trade activity is noted by uncertainty, as fewer entrepreneurs trust the payment of purchases made at current prices.

Experts warn that a reduction in trading volume against a slightly increasing prices may be an early signal of impulse of impulse in the market, as low levels of purchases are unstable growth. This increases the likelihood that any recovery can be temporary, and prices will remain vulnerable to a new decline.

According to Santiment analysts, to improve the market, a simultaneous increase in both trading volume and prices is required.

To date, the total capitalization of the cryptocurrency market is approximately $ 2.8 trillion, which corresponds to the level of the year ago before the seven -month integration -with the same.

Remember, US president Donald Trump on March 6 signed a mandate in the creation of a strategic reserves of Bitcoins. In response to this, the cryptocurrency market sank.

As reported, Donald Trump’s cryptocurrency project, which began launching $ Trump Memcoin in January, gained more than $ 350 million in the first three weeks.

News from CORRESPONDENT.NET On the telegram and whatsapp. Subscribe to our channels https://t.me/KorresPondentNet and WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

Chinese spies are raised by the secret technologies of Neptune – SBU missiles

Chinese spies have collected secret technologies for the production of Ukrainian missiles "Neptune". .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } Counterintelligence SBU detained two PRC citizens in Kyiv, who...

APU died 100 ROSI heavy fire systems with the outbreak of war – General Personnel

From the very beginning of a complete invasion of Ukraine, the army of the Russian Federation lost 100 systems of heavy flames to Ukraine. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } ...

Eurosoyuz can create a fund for 100 billion euros for Ukraine – Bloomberg

The EU considers the creation of a fund with a volume of 100 billion euros to support Ukraine. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } This money can become...

Unfinished drones attacked Kurki and the Moscow region of the Russian Federation (photo, video)

Unknown drones attacked the Moscow region of Russia. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } On Wednesday, July 9, the inhabitants of Zelenograd were heard loud explosions. The Russian...

The threat of Trump Putin will rob Moscow – CNN

US President Donald Trump threatened Russian dictator Vladimir Putin to defeat Moscow. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } The American leader during the closed meeting of the donor...

Russians attacked citizens in the region of Kherson and Zaporozhe – wounded

The Russian army struck new strokes in the Kherson and Brokes region. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } In Kherson on the morning of July 9, 73-year-olds and...

Russia attacked Ukraine at night with a record skeleton of drones – what

The Ukrainian air defense defense at night and on the morning of July 9 neutralized a record 718 goals. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } On the night...

Died of a Ukrainian composer and folk artist Igor Deposit

The Ukrainian composer and people's artist of Ukraine Igor died at the age of 84. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } The deposit was the author of more...

Lutsk from the very beginning of the warrior pushed an independent air attic

The attack of the Russian UAV and mammalian missiles in the Lutka occurred at night on July 9. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } As a result of...