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The daily trading of digital currencies fell below 10 billion for the first time since 2020
money and business
Economy News-Baghdad
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Added 12/28/2022 - 1:56 PM
Updated 12/28/2022 - 2:10 PM
https://economy-news.net/content.php?id=31569
money and business
Economy News-Baghdad
The daily turnover in the spot market for cryptocurrency exchanges fell below $10 billion for the first time since December of 2020.
Spot trading volume fell to $9.2 billion on December 25 before continuing its decline to $8.5 billion on December 27.
The last time daily spot trading volume was below $10 billion was on December 17, 2020, when the price of Bitcoin crossed $20,000 for the first time the previous day. Bitcoin is now trading around $16,800.
NFT transactions also fell along with cryptocurrency trading, as data showed that NFT sales have fallen every month since April.
Views 4
Added 12/28/2022 - 1:56 PM
Updated 12/28/2022 - 2:10 PM
https://economy-news.net/content.php?id=31569
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