JPMorgan Reports Sharp Decline in Crypto Trading Volumes Amid Market Slump

Analysts at JPMorgan have reported a significant downturn in cryptocurrency trading volumes across all major exchanges last month, coinciding with a broader market slump. The data indicates a contraction in investor activity and liquidity, reflecting heightened caution. This trend is observed in key digital assets like Bitcoin (BTC) and Ethereum (ETH), suggesting a market-wide pullback. The decline in volumes is a critical metric for assessing market health and current bearish sentiment. Experts are monitoring these levels for signs of stabilization or further decline in the volatile crypto sector.