Cryptocurrency Trading Volume Plunges 70% from Post-U.S. Election Peak

BlockBeats News, on March 30th, after the November 5th U.S. election, amidst a highly enthusiastic market and active speculative trading, the cryptocurrency's daily trading volume surged to $126 billion. It has now dropped to $350 billion, a decrease of about 70% from the peak, returning to pre-election levels. The total market capitalization of cryptocurrency peaked at around $3.9 trillion, and then fell to the current level of about $2.9 trillion, a 25% drop. (TheBlock)