January cryptocurrency spot trading volume reaches 19-month high, nearing $1.4 trillion
According to CCData, the spot trading volume of digital assets in January hit a 19-month high, reaching close to $1.4 trillion. However, it remains below the monthly average level during the cryptocurrency bull market in 2021. Evgeny Gaevoy, Co-founder of Wintermute, stated that trading volume is expected to reach 2021 levels by the end of the year, especially for Bitcoin. Chuan Jin Fong, Head of Sales at GSR Markets, noted that the outlook for the crypto market has improved with the long-term influx of funds into ETFs exceeding expectations.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Allied Tecnologia controller cuts stake by R$ 59.48 million in on-market sales
Bioceres Crop Solutions to host fiscal Q4 and full-year results conference call
Workday Insider Sold Shares Worth $17,954,368, According to a Recent SEC Filing
GBank Financial outlines $1.4 billion asset base, growth strategy at investor presentation
Crypto prices
More
