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Bitcoin Daily Trading Volume Drops 91% Compared to December 5 Last Year

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Son Min
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  • Bitcoin's daily trading volume has decreased by 91% compared to December 5 last year.
  • The trading volume on the day Bitcoin surpassed $100,000 was $743 million.
  • For Bitcoin to rise above $105,000 in the future, an increase in trading volume and market liquidity are important.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

The daily trading volume of Bitcoin (BTC) has decreased by 91% compared to December 5 last year. December 5 was the day when Bitcoin first surpassed $100,000.

On the 3rd (local time), Cointelegraph reported, "On December 5, when Bitcoin first surpassed $100,000, the daily trading volume of Bitcoin was $743 million," adding, "It is currently at $66.7 million, a 91% decrease." It further stated, "For Bitcoin to rise above $105,000, the trading volume needs to increase," and added, "In the short term, market liquidity and changes in the policy environment will play an important role."

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sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit