Bitcoin trade volume drops sharply as volatility flattens

We already know that we’ve recently suffered the longest continuous price decline in Bitcoin history – but analysis has shown just how much it’s affected cryptocurrency trading.

Blockchain research unit Diar compiled volume data across major cryptocurrency exchanges to find trade activity has hit lows not seen in years.

In the case of Binance, still the world’s most popular cryptocurrency exchange by daily volume, the US dollar-based market for Bitcoin BTC saw a 40-percent reduction in trade across January when compared to the previous month.