Crypto Trading Volume: The Long-Term Effects of Service Halts
Here’s the lowdown on how a little pause in trading can shake things up in the crypto world. Exchanges like Bithumb, with their temporary service halts for audits, show us just how fragile user trust can be. It’s a classic case of “what goes up must come down”, right? Let’s dive into the long-term impacts and how they can mold trading volumes and user sentiment.
The Ripple Effects of Service Halts
When exchanges hit the brakes on trading, it’s not just a blip on the radar. It can leave a mark on trading volumes and user engagement that lasts way longer than the actual pause. We’ve seen it before. Take the recent service suspensions by big players like Celsius and Binance. When they hit pause, it set off alarms about stability,…
