Crypto Stocks on the Decline: Bitcoin Below $84,000

Sharp Drop in the Crypto Market

In January, crypto-related stocks, which were already under significant pressure, further declined as Bitcoin fell below $84,000. This drop in Bitcoin's price is combined with increasing concerns among investors about the market.

Sharp Decrease in Spot Trading Volume

Moreover, spot crypto trading volume has decreased from $1.7 trillion last year to only $900 billion this year. This trend indicates a decline in market enthusiasm and shows that investors are acting more cautiously in the face of macroeconomic uncertainties.

Success in High-Performance Computing

On the other hand, Bitcoin miners who have transformed their business models to incorporate artificial intelligence infrastructure and high-performance computing continue to perform better in this process.