What caused the low trading volumes for crypto in June 2018?

3 answers

• baucesauceJan 18, 2023 · 3 years ago
  The low trading volumes in June 2018 can be attributed to several factors. Firstly, the overall market sentiment was bearish during that period, with many investors adopting a cautious approach due to concerns over regulatory uncertainties and the potential impact of market manipulation. Additionally, the increased volatility and price fluctuations in the crypto market during that time may have deterred some traders from actively participating in trading activities. Furthermore, the lack of significant positive news or developments in the crypto space during June 2018 could have also contributed to the low trading volumes as investors may have been waiting for more favorable market conditions before engaging in trading. Overall, a combination of market sentiment, volatility, and lack of positive catalysts likely played a role in the low trading volumes for crypto in June 2018.
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• Chris AdamsonOct 23, 2023 · 2 years ago
  Well, let me tell you, June 2018 was not a great month for crypto trading volumes. The market was going through a rough patch, and investors were feeling uncertain. With all the regulatory concerns and the fear of market manipulation, many traders decided to take a step back and wait for things to settle down. And let's not forget about the crazy price swings that were happening at that time. It was like riding a roller coaster! I mean, who wants to trade when the prices are all over the place? Plus, there wasn't much exciting news or developments in the crypto world during that month, so there wasn't really any incentive for traders to jump in. So yeah, it was a combination of market sentiment, volatility, and lack of positive news that caused the low trading volumes in June 2018.
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• 3lGregorMar 25, 2024 · 2 years ago
  As an expert in the crypto industry, I can tell you that the low trading volumes for crypto in June 2018 were mainly due to the bearish market sentiment. Investors were worried about the regulatory landscape and the potential for market manipulation, which led to a decrease in trading activity. Additionally, the high volatility and unpredictable price movements during that period made it difficult for traders to make informed decisions. The lack of significant positive news or developments in the crypto space also contributed to the low trading volumes, as investors were waiting for more favorable market conditions before actively participating in trading. Overall, it was a challenging month for the crypto market, but things have improved since then.
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