Bitcoin rune trading volume has fallen by more than 88% this month.
According to Cointelegraph, Bitcoin rune trading volumes have fallen by more than 88% this month. Bitcoin miners have earned less than 2 bitcoins in total from rune trading over the past six consecutive days, a significant decrease from the record 884 bitcoins recorded on April 24.
According to Dune Analytics, the average daily trading volume of Runes was 37,800 from June 22 to 28, down nearly 90% from the daily average of 331,000 between June 9 and 15. In particular, the trading volume on June 24 was 23,200, the lowest level since Bitcoin's fourth halving. Over the past week, rune transactions accounted for only 4.9-11% of all bitcoin transactions.