Speculation has faded out #cryptocurrency market.Number of USD Bitcoin traders – holding addresses for less than 1 month – has decreased by 32.07% since December 28th.
Santiment's data confirms this shift in buying pressure. According to on-chain analysis, bitcoin trading volume has seen several large spikes in the past year, almost all of which have occurred after price declines.
Text source: cryptocurrencylate
Last updated on February 5, 2022
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