As per reports the trading volume of Bitcoin in the worlds largest exchange drops to 8 months low.
The main reason for this drop in the trading volume of Bitcoin is accounted to be the ending of the Zero-Fee trade.
Binance have concluded this promotion last week for an unknown reason. The conclusion of this promotion led to fall of the volume of trading.
Even though with the conclusion of this event/promotion by binance we have seen a negative impact in trading volume but with the launch of this promotion a huge increase in the trading volume was seen in many BTC pairs.
Binance usually brings up such promotions to motivative its users.
