In the past six months, the spot trading volume on centralized exchanges has been cut in half. Data shows that the spot trading volume in March was approximately $986 billion, compared to $2.4 trillion in October last year, the lowest point in 24 months. With no one trading spot, the futures market has attracted a large amount of capital into gold and silver, making altcoins naturally stagnant in price, and when they fall, the decline is swift.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin