Silvergate Liquidation Affects or Significantly Affects Bitcoi | LockMeta: Latest Crypto News
Silvergate Liquidation Affects or Significantly Affects Bitcoin Trading Volume
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Data from CryptoQuant shows that Bitcoin-denominated trading volumes have dropped 35% over the past 24 hours as Silvergate’s liquidation impacted the market.
Meanwhile, the total number of transactions on the Bitcoin blockchain fell by 17% over the same period, and the number of active addresses dropped by 10%. According to data from CoinGecko, the…
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