Home BlockchainHow Januarys Sharp Decline in Spot Volume Is Threatening the Crypto Market Structure

How Januarys Sharp Decline in Spot Volume Is Threatening the Crypto Market Structure

by Vivek Kumar
0 comments
Cryptocurrency Monthly Exchange Volume. Source: Newhedge

While analysts have mainly focused on Bitcoin or individual altcoins, the structure of the total crypto market capitalization is approaching a critical threshold in January.

Signs of weakening liquidity are sending warnings about how fragile this structure has become.

Sponsored

Sponsored

Crypto Trading Volume Plunges as Investors Cash Out

According to data from Newhedge, total trading volume on centralized exchanges reached $1.118 trillion in January. Binance accounted for more than $490 billion of…

You may also like

Leave a Comment