📉 Despite the growth of the Bitcoin (BTC) cryptocurrency by 110% since the beginning of the year, professional traders are not returning to the market. US retail volume on Bitstamp grew from 33% to 35%, and global retail volume from 8% to 9%. 😕 Many traders who once made money from cryptocurrency lost interest in it after the FTX collapse in November 2022.

The decline in retail trader activity is also evident in the decline in weekend trading activity and a 12% decline in transaction revenue for Coinbase.