Certainly, We all have witnessed decline in volatility within crypto currencies market, in particular when it comes to Bitcoin, which typically has a reputation for its extreme price swings. This decrease in price fluctuation can be explained by a variety of factors.
One factor that we should look at is the market condition. Everything you said has contributed to the poor market condition but the factor that has affected the market more is the bear market condition that we are experiencing. If this was the bull market, all the other factors won't have mattered because the market would had still been getting money flowing in and the market would be giving investors and traders profits bit that's not happening because most individuals are scared.
When we're in the bull market, everything will return to normal as it was in 2021, we shouldn't be scared that the market will stay like this forever. After bitcoin halving, we'll begin to see market volume rising up as many individual starts accumulating bitcoin for the bull market.