2024

Bitcoin

Coin

<ul class="news-points">
 <li><strong>Kaiko reports BTC weekend trading volume has dropped to a 16% all-time low.</strong></li>
 <li><strong>The trading volume drop aligns with the schedule of ETF issuing companies.</strong></li>
 <li><strong>Bitcoin’s volatility drop aligns with the collapse of crypto-friendly banks in 2023.</strong></li>
</ul>
<p>According to reports from the <a href="https://coinedition.com/what-is-cryptocurrency-a-complete-beginners-guide/" target="_blank" rel="noopener noreferrer nofollow">cryptocurrency</a> research firm Kaiko, the proportion of Bitcoin traded over weekends has declined to an all-time low of 16% this year. Kaiko’s report linked the drop to the approval of <a href="https://coinedition.com/bitcoin-etfs-explained-everything-you-need-to-know/" target="_blank" rel="noopener noreferrer nofollow">spot Bitcoin ETFs</a>, which has skewed investors’ trading behaviors to align with the schedules of the ETF issuing companies, mainly traditional equity exchanges.</p>
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   <p lang="en" dir="ltr">The proportion of Bitcoin traded over weekends has declined to an all-time low of 16% this year, according to cryptocurrency research firm Kaiko <a href="https://t.co/S40eeHNWzg" target="_blank" rel="noopener noreferrer nofollow">https://t.co/S40eeHNWzg</a></p>— Bloomberg Crypto (@crypto) <a href="https://twitter.com/crypto/status/1807062548816019574?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 29, 2024</a>
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<p>Kaiko also highlighted a drop in Bitcoin’s volatility, one of the original traits of the flagship cryptocurrency. With Bitcoin trading extending into the weekend, including Saturdays and Sundays, the digital asset was renowned for wild fluctuations during such periods in the past.&nbsp;</p>
<p>The post <a href="https://coinedition.com/bitcoins-weekend-trading-volume-has-dropped-to-all-time-lows/" rel="noopener noreferrer nofollow">Bitcoin’s Weekend Trading Volume Has Dropped to All-time Lows</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Bitcoin’s Weekend Trading Volume Has Dropped to All-time Lows

Coin Edition

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