2021 Bitcoin weekend trading volume reached an all-time low of 16% due to spot Bitcoin ETFs.
Bitcoin weekend trading volume has hit an all-time low of 16% in 2021, according to cryptocurrency research firm Kaiko. This decline is attributed to the launch of spot Bitcoin exchange-traded-funds (ETFs), which have shifted trading periods to align with traditional equity exchanges, reducing price volatility. Previously, Bitcoin was known for its "Wild Weekends" with significant price fluctuations.
June 29, 2024
3 Articles