‘Boring’ bitcoin sends weekend trading volume to all-time lows: Research
By
Binu Mathew
The proportion of Bitcoin traded over weekends has declined to an all-time low of 16 per cent this year, according to cryptocurrency research firm Kaiko.
The drop comes in the wake of the launch of spot Bitcoin exchange-traded-funds, which appears to have shifted the periods when Bitcoin is traded to be more in line with the schedule of traditional equity exchanges and has lowered its price volatility.