April 22, 2025
Cryptocurrency turnover has fallen to a minimum in half a year on the background of increasing demand for derivatives thumbnail
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Cryptocurrency turnover has fallen to a minimum in half a year on the background of increasing demand for derivatives

On April 20, the total trading volume (7 DMA) on platforms such as Binance, Coinbase and Bitfinex has dropped to $ 30 billion – at least from mid -October 2024. Such data were cited in The Block. Source: The Block. From the maximum in early December ($ 132 billion), the figure collapsed by more than 75%. Similar trends are also observed among DEX. As a result of April, the turnover may also be minimal since October. Source: […]”, – WRITE: Businessua.com.ua

Cryptocurrency turnover has fallen to a minimum in half a year on the background of increasing demand for derivatives - infbusiness

April 20th Abroad Bidding (7 DMA) on platforms such as Binance, Coinbase and Bitfinex have dropped to $ 30 billion – at least from mid -October 2024. Such data They were given to The Block.

Cryptocurrency turnover has fallen to a minimum in half a year against the background of demand for derivatives-Infbusiness

Source: The Block.

From the maximum in early December ($ 132 billion), the figure collapsed by more than 75%.

Similar trends are also observed among DEX. As a result of April, the turnover may also be minimal since October.

The turnover of cryptocurrency has fallen to a minimum in half a year against the background of demand for derivatives-Infbusiness

Source: The Block.

The publication noted the decline in market activity after a brief splash at the beginning of the month after the “liberation” duties of President Donald Trump, who caused increased volatility.

Cryptodedories The ratio of bitcoin-trade in the spot market (30 DMA) has decreased to 0.19-at least from August 2024. In Ethereum, the corresponding metric has fallen to a minimum since December 2023 (0.2).

Cryptocurrency turnover has fallen to a minimum in half a year against the background of demand for derivatives-Infbusiness

Source: The Block.

According to the publication, the weekly volume of Solana-Dex has grown relative to the analogue by Ethereum, spreading the trend characteristic of mid-January-March.

Cryptocurrency turnover has fallen to a minimum in half a year against the background of demand for derivatives-Infbusiness

Source: The Block.

We will remind, the volume of coins in stinging in Solana is equal to the indicator of Ethereum. Experts did not accept it as a bull signal for SOL.

In February, Vaneck predicted Solana growth by $ 520 by the end of 2025.

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