Bitcoin Trading Volume Declines Amidst Global Economic Uncertainty

Bitcoin has been trading within a consistent price bracket for months, leading to a noticeable drop in the number of transactions taking place. Analytics from CryptoQuant, monitoring both regular and futures trading platforms, underscores a significant fall in trading volume since Bitcoin began this steady phase in March. Only a few months ago, in March, there was a daily transaction record of over 600,000. Contrastingly, recent statistics from the past seven days indicate daily transactions fluctuating between 8,000 and 15,000. Caue Oliveira, a key analyst, believes this change in...


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