Conversely, throughout bearish intervals, buying and selling volumes begin to dwindle, with bursts of exercise round intervals of deleveraging. Uncertainty, unfavorable information, regulatory crackdowns, or market corrections usually result in a decline in buying and selling. Buyers would possibly undertake a wait-and-see strategy, resulting in decreased transaction volumes, they usually would possibly transfer their property to chilly storage or stablecoins, decreasing the general buying and selling exercise on exchanges.
Measuring Blockchain Adoption, Utility, and Well being with On-Chain Transaction Quantity
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