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Coinbase stopped using trading volume as a key metric after 38%/48% decrease

hachyderm.io
5 pointsu1hcw9nx1 comment
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With zero interest rate policy (“zirp”) over and fiat currencies paying competitive yields due to bond markets pushing yields up, the cryptocurrency fad is potentially in its twilight with other potentially superior risk assets available for gambling (AI exposure and adjacent stonks).

https://en.macromicro.me/series/8130/bitcoin-volume

https://en.macromicro.me/series/8133/ethereum-volume

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