Bitcoin Spot and Futures Volumes have dropped to new yearly lows despite the price holding around $110,000.
Both Spot and Futures Trading Volumes spiked during the rally beyond $100,000 last year, but have since declined.
Investor interest is waning as Spot Volume hit $5 billion and Futures Volume reached $31.2 billion, both at their lowest in over a year.
The Options market is also showing a similar trend with decreasing ATM Implied Volatility, indicating lower volatility expectations in the future for Bitcoin.