On March 18, over $700 million was traded by crypto bots, making it the highest volume trading day in six months, highlighting the growing impact of automated trading.
Trading bots have collectively earned over $220 million in fees and account for over $33 billion in lifetime volume on decentralized exchanges, termed 'crypto’s new cash cows'.
While bots excel at acting on past data, human traders may find a competitive edge through slower, more thoughtful strategies, as they can anticipate future trends better.
Ali Yahya notes that current AI methods rely on inductive reasoning, making them good at analyzing past information, but not necessarily at predicting the future market movements.
[
Collection
]
[
|
...
]