Bitcoin trading volume sinks more than $2 trillion in second quarter
According to BeInCrypto Research, trading volume was approximately $2.84 trillion during the second quarter of 2022. This was a 43% drop in the trading volume recorded between April and June 2021 of around $5.01 trillion.
A bearish trend in the overall decentralized finance (DeFi) market which led to a 60% slash in the overall market value of the crypto space can be credited for the fall in investor demand for Bitcoin.