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Crypto Plunges into Ice Age: Trading Volumes Crash 7-Fold in Deep Market Freeze

Crypto News

The cryptocurrency market is facing a tough time. Trading volumes have dropped seven times lower than before. Experts call this the . It means low activity, falling prices, and little excitement. Many traders and investors feel the chill.

What is the ?

The term comes from past crypto winters. Back in 2018 and 2022, markets saw huge drops. Now, volumes are at their lowest in years. Daily trades that once hit $100 billion or more are now under $15 billion. This seven-fold drop shows fear and caution in the market.

Bitcoin, the top crypto, leads the way down. Ethereum and others follow. Altcoins suffer the most. Low volume means less liquidity. Selling or buying big amounts moves prices a lot. This makes the market risky.

Key Data Behind the…

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