The trading volume in the cryptocurrency market has hit a new low since 2022, with a weekly average transaction volume of $90 billion.

BTC-0,09%
ETH0,96%
GWEI0,45%

Gate News reports that on March 30, research firm 10x Research data shows that this week the cryptocurrency market trading volume hit a new low since 2022. Currently, the total market capitalization of the crypto market is $2.3 trillion, down 1.7% from last week, with an average weekly trading volume of $90 billion, a decrease of 7% from the average. Among them, Bitcoin’s weekly trading volume is $38.2 billion, which is 5% lower than the average; Ethereum’s weekly trading volume is $18.3 billion, which is 18% lower than the average. The Ethereum network fees are at 0.12 Gwei, at a level of 17%. Additionally, the Bitcoin funding rate increased by 4.1% to 1.5% this week, at a level of 13% over the past 12 months, with futures open interest increasing by $100 million to $21.5 billion. The Ethereum funding rate increased by 3.7% to 2.8% this week, at a level of 12% over the past 12 months, with futures open interest increasing by $100 million to $11.8 billion.

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