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Weeks After Ether ETF Debut, ETH Market Liquidity Down 20%

by SB Crypto Guru News
September 6, 2024
in Bitcoin
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“Although the market liquidity for ETH pairs on centralized exchanges remains greater than what was at the beginning of the year, the liquidity has dropped by nearly 45% since its peak in June,” Jacob Joseph, a research analyst at CCData, told CoinDesk in an interview. “This is likely due to the poor market conditions and the seasonality effects in the summer, often accompanied by lower trading activity.”



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Tags: Bitcoin NewsCrypto NewsCrypto UpdatesDebutETFETHEtherLatest News on CryptoLiquidityMarketSB Crypto Guru NewsWeeks
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