Bitcoin Trading Falls to Lowest Level Since August

Bitcoin volatility is weakening after the turbulence caused by the collapse of FTX.

According to Kaiko experts, the last burst of volatility was observed on November 22, when BTC collapsed to $15,669.

In general, the activity of traders is declining. The result of the change in their tactics was a drop in the average daily volume of cryptocurrency trading.

According to a report from Arcane Research, the amount of BTC transactions this week on the spot market was the lowest since August – less than $2 billion. However, the daily trading volume exceeded $6 billion on Binance.

Arcane Research takes into account the statistics provided by the 10 largest spot platforms.