2024 Sees Historic Dip in Weekend Bitcoin Transactions
The Ripple Effect of Spot Bitcoin ETFs and Bank Closures on Weekend Trading As we navigate through the often unpredictable waters of the cryptocurrency market, a noticeable shift in the trading volume patterns for Bitcoin (BTC) has caught the eye of market observers Notably, the weekend trading volumes for Bitcoin have seen a significant downturn, marking a historic low in 2024, settling at 16% This development is not just a number but a reflection of underlying factors at play, significantly altering the landscape of crypto trading What’s Behind the Dip in Weekend Bitcoin Trading Volumes The once 24/7 bustling market of Bitcoin trading is showing signs of segmenting into a more structured framework, thanks to the introduction of spot Bitcoin ETFs...
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