#Crypto market participation continues to dip

Key Takeaways

1. Trading volume, liquidity and volatility are all falling in the crypto markets

2. Even #Bitcoin’s strong rise thus far this year has been steady and methodical rather than via sudden spikes, as in the past

3. Bitcoin dominance is rising, uncharacteristic during periods of price increases, highlighting a potential divergence 

4. Regulatory crackdown is suppressing market participation through lawsuits against exchanges and heightened legal uncertainty 

5. #Volatility should return eventually, but previous six months have been the most placid in recent memory