CoinBase and Robinhood see 35%+ reductions in crypto trading

[Alphakilo]

It simply depends right now on how those who participate in the market view Bitcoin currently, because whether Coinbase or Robinhood see reduction in crypto trading volume, it doesn't mean the crypto currency market mostly when it concerns Bitcoin, is dying or even dead.

Crypto currency as a whole may be experiencing a bearish season because of how consumers who participate in it see it and engage it like a casino game, instead of seeing it as a long term investment.
The price of Bitcoin lacks momentum now and instead of people to see it as an opportunity to accumulate it instead of trade it, they prefer to gamble instead for quick profit.

[cryptoaddictchie]

https://www.citationneeded.news/issue-108/

When we talked before about Bitcoin becoming somewhat less "cool", the stories were anecdotal accounts from influencers and the like.

Now there's some hard data that shows that this year, crypto trading volume is way down. This is surely a bearish sign for the market. It would seem that consumers are finding other things to speculate on (and there are the anecdotal reports that sports gambling is cutting in to Bitcoin's market share).

If trading data thats for sure reduced by a lot. If we compare significant figures from 2021 and this year we can say that theres many users left crypto market. Its just a recycle of funds bt some users are totally not rotating in their pure gains and if we add some compromised or hacked exchanges and incident, those guys will take out those funds too.

Sad but this is the fact. The crypto market isnt like as before and some loses interest.