Ethereum trading volume more than doubled on May 19, 2021, compared to the previous day, following news China banned crypto services inside the country. Following this news, the market cap for the entire crypto market fell by billions of U.S. dollars. The Ethereum price that day also witnessed one of its biggest single-day declines on record. The price decline potentially may have attracted new investors to the cryptocurrency, leading to the increase in trading volume.
Ethereum (ETH) 24 hour trade volume from July 1, 2020, to September 25, 2024
(in billion U.S. dollars)
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Statista, & CoinGecko. (September 25, 2024). Ethereum (ETH) 24 hour trade volume from July 1, 2020, to September 25, 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/1272853/ethereum-trade-volume/
Statista, und CoinGecko. "Ethereum (ETH) 24 hour trade volume from July 1, 2020, to September 25, 2024 (in billion U.S. dollars)." Chart. September 25, 2024. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/1272853/ethereum-trade-volume/
Statista, CoinGecko. (2024). Ethereum (ETH) 24 hour trade volume from July 1, 2020, to September 25, 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/1272853/ethereum-trade-volume/
Statista, and CoinGecko. "Ethereum (Eth) 24 Hour Trade Volume from July 1, 2020, to September 25, 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Sep 2024, https://www.statista.com/statistics/1272853/ethereum-trade-volume/
Statista & CoinGecko, Ethereum (ETH) 24 hour trade volume from July 1, 2020, to September 25, 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1272853/ethereum-trade-volume/ (last visited November 17, 2024)
Ethereum (ETH) 24 hour trade volume from July 1, 2020, to September 25, 2024 (in billion U.S. dollars) [Graph], Statista, & CoinGecko, September 25, 2024. [Online]. Available: https://www.statista.com/statistics/1272853/ethereum-trade-volume/