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Matrixport: The market lacks new driving factors and retail trading activity continues to be weak
5 hours ago
Odaily News Matrixport released today's chart, saying that retail trading activity in the crypto market has continued to be weak this year. South Korea's daily spot trading volume has dropped to US$775 million, and Binance's average daily trading volume has also shrunk to US$5 billion, a new low since September 2024. The obvious decline in trading volume reflects the overall decline in retail investors' enthusiasm for participation. Since the launch of the TRUMP coin in January, market trading has gradually weakened. With the unlocking of $782 million in TRUMP tokens next week, the new supply may further aggravate market selling pressure, and some holders may leave the market to cash out. If there is a lack of sufficient buying, short-term volatility may intensify. The current market lacks new driving factors, and most retail investors seem to have entered the "summer break mode" ahead of schedule.
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2025-07-07 11:09:46
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资讯热榜
日榜
周榜
Binance Alpha to List RCADE (RCADE) on July 9
EU: Good progress in trade talks with the US
PAL is now available on Binance Alpha
The suspected Arthapala address deposited 57,119 ETH to CEX, equivalent to about 147 million US dollars
BlackRock's stake in Bank of China (03988.HK) increased from 5.99% to 6.46% on July 1.
Binance announces the launch of the latest “Real Smart Money” feature