Crypto Starts Year With Low Trading Volume After 2022 Downturn
- Trading volumes have dwindled, according to Arcane Research
- ‘Near-death experience’ of 2022 will cast long shadow: B2C2
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Cryptocurrencies are starting the year with a whimper as trading volumes remain desiccated in the wake of 2022’s numerous industry scandals and meltdowns.
Trading volumes on Binance, the biggest digital-assets exchange, are at lows not seen since last summer, while those outside of the platform are also shallow, according to Bendik Schei and Vetle Lunde at Arcane Research.