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Bearish Conditions are Indicated by Low Volumes in Crypto Spot Markets and Derivatives.

The value of digital currency markets has dropped dramatically in the previous two weeks, and the reduced prices have not resulted in increased transactions. According to data, the bitcoin spot market volume has decreased from $1.4 trillion in November 2021 to $593 billion this month. Bitcoin futures open interest and volumes have also decreased significantly inside a recent couple of years weeks.
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