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
Cointelegraph Hit by Front-End Exploit, Fake Phishing Airdrop Pop Up on Website
Circle Started at Buy at Seaport Securities, Which Eyes $2T Opportunity in Stablecoins
EigenLayer Teams with Sentient to Build Verifiable AI for DAOs
Luffa Collaborates with OTalk to Develop Web3-Driven Social and Streaming Ecosystem
Trending news
MoreCrypto prices
More
