Data: The trading volume of the top ten stablecoins has dropped to a quarter of the level of the bull market in December last year
On March 29th, according to Cointelegraph, the trading volume of the top ten stablecoins has dropped to one-fourth of the levels seen during last year's December bull market cycle. Analysts believe that trader fatigue, regulatory uncertainty, and Bitcoin's supply hitting a 7-year low are key factors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Technical Analysis Reveals Potential Breakouts for BERA, XRP, and SUI Altcoins
In Brief BERA could jump by 70% if it surpasses its resistance level. XRP's "head and shoulders" pattern raises concerns about its price movement. SUI may experience a further increase of 28% if positive momentum continues.
Hut 8 and Eric Trump Launch American Bitcoin Mining Firm
Donald Trump Jr. states that buying Bitcoin is just half the story; mining Bitcoin on favourable economics is huge.
Australia’s Financial Crime Regulatory Issues Notice To Crypto ATM Providers
Forbes: Trump doubled his fortune with crypto & Truth Social
His crypto ventures have pumped nearly $800 million in liquid cash into his pockets, keeping asset seizures off the table.
Trending news
MoreCrypto prices
More
