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 <li><strong>Crypto Quant’s report shows that Bitcoin’s spot trading volume dropped to a six-year low.</strong></li> 
 <li><strong>Transaction volume fluctuated between 8 and 15 thousand daily transactions during this week.&nbsp;</strong></li> 
 <li><strong>Despite the downfall in the spot trading volume, BTC was able to maintain a 0.61% surge in one day.</strong></li> 
</ul> 
<p>Crypto Quant recently shared crypto analyst Cauê Oliveira’s report about BTC’s spot trading volume in the market. In the report, the crypto analyst notified that <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/">Bitcoin</a>’s spot trading volume dropped to a six-year low. Based on the report, transaction volume fluctuated between 8 and 15 thousand daily transactions during this week.&nbsp;</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> spot trading volume drops to 6-year low<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>"People are more interested in holding their coins, believing in their future value, than selling at the first sign of profit."<br>by <a href="https://twitter.com/caueconomy?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@caueconomy</a> <br><br>Link<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/2MgO5PJawu" target="_blank" rel="nofollow">https://t.co/2MgO5PJawu</a></p>— CryptoQuant.com (@cryptoquant_com) <a href="https://twitter.com/cryptoquant_com/status/1706525918280450213?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 26, 2023</a>
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<p>Citing various reasons behind this tumble, the crypto analyst points out, “One of the main reasons cited is the growing fear regarding the macroeconomic scenario. The actions of the United States Central Bank perpetuate a constant feeling of uncertainty, leaving inve…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/btcs-trading-volume-plummets-to-historic-lows-what-does-it-mean-for-investors/">BTC’s Trading Volume Plummets to Historic Lows – What Does It Mean for Investors?</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

BTC’s Trading Volume Plummets to Historic Lows – What Does It Mean for Investors?

Coin Edition

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