Your information is wrong.
According to Coingecko, the 24 hour trading volume of bitcoin was around 3.5 billion dollars at the first day of 2017 and 2.3 billion dollars at the first day of 2018.
Now, the 24 hour trading volume of bitcoin is around 36 billion dollars which is around 10 times the first day of 2017 and 15 times the first day of 2018.
Topic: BTC Volume decreasing over time, what does this tell us? - page 2. (Read 327 times)
Is it significant in any way?
My impression would be that there are less people trading it and perhaps more storage going on? Or that a lot more trading is happening on other coins/projects/tokens whatever?
Looking from say 2017/2018 to now, it's pretty much a sharp declining line.
I am learning so feel free to enlighten me.
My impression would be that there are less people trading it and perhaps more storage going on? Or that a lot more trading is happening on other coins/projects/tokens whatever?
Looking from say 2017/2018 to now, it's pretty much a sharp declining line.
I am learning so feel free to enlighten me.
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