PANews reported on December 28 that crypto market research firm Santiment published an article on the X platform stating that in the last few days of 2024, trading volume in the cryptocurrency field has dropped significantly. Overall, trading volume in the past week has decreased by 64% compared with the previous week (including Bitcoin's all-time high). The downward trend in trading, especially in speculative altcoins, is not surprising. With the arrival of the holidays and traders sorting out their year-end finances, the last week of December is usually one of the least active periods of the year. In summary, if whales continue to show a strong accumulation trend, the lack of retail participation may actually lead to at least one unexpected 2024 surge, and retail investors pay little attention.
Santiment: Cryptocurrency trading volume fell 64% in the past week, especially speculative altcoin trading
- 2024-12-28
In the past 24 hours, the total network contract liquidation was 143 million US dollars, mainly long orders
- 2024-12-28
Metaplanet, a listed company that uses Bitcoin reserves, ranks first in Japan in terms of stock price returns so far this year
- 2024-12-28
IntoTheBlock: The introduction of the staking function is expected to bring benefits to BTC holders
- 2024-12-28
The market value of AI tokens has fallen to the $50 billion range, down about 28% from its peak in early December.
- 2024-12-28
Italian Parliament Passes 2025 Budget, Cryptocurrency Tax Rate to Increase to 33% in 2026
- 2024-12-28
VIRTUAL's market value exceeds $3.428 billion, surpassing TAO and rising to 47th place in the cryptocurrency market value ranking