Ethereum trading volume in the first quarter of 2022 was lower than in the first quarter of 2021

Ethereum trading volume in the first quarter of 2022 was lower than in the first quarter of 2021

Because of the market’s negative tendency, Ethereum trading volume in the first quarter of 2022 was lower than in the first quarter of 2021.

Due to a larger rebound in the crypto sector, ETH continues to trade below $4,000 as of April 2022. By market capitalization, investor interest in Ethereum fell in the first quarter of 2022.

During the first quarter of this year, the trading volume for Ethereum was over $1.34 trillion. There was a 54% reduction in trade volume between January and March 2021, which was at $2.94 trillion.

The declining trading volume can be attributed to decreased investor interest, which was reflected in the trade of ETH for USDT to prevent huge percentage losses.

The trading volume of Ethereum reached $1.18 trillion in January 2021, with a single-day high of over $60 billion. Ethereum’s trade volume peaked at $491 billion in January 2022, with a single-day high of over $28 billion.

The trading volume of ETH was $1 trillion in February 2021, with a single-day high of $52 billion. Ethereum’s trade volume peaked at $416 billion in February 2022, with a single-day high of roughly $29 billion.

ETH’s trading volume reached $761 billion in March 2021, with a single-day high of over $31 billion. ETH’s trade volume peaked at $436 billion in March 2022, with a single-day high of $20 billion.

The second-largest digital asset is trading at $3,046 at the time of writing.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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