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Bitcoin's Summer Slump: Why August Was a Nightmare for Crypto Exchanges

Bitcoin's Summer Slump: Why August Was a Nightmare for Crypto Exchanges
August turned out to be not only an unfavorable month for the prices of major cryptocurrencies but also for the performance of the largest exchanges. According to data collected by Finance Magnates Intelligence, the top ten platforms in terms of spot volumes recorded their worst month in nearly three years. Total volumes fell to $359.59 billion, losing 13% monthly and a staggering 50% year-over-year (YoY).Sharp Decline in Spot Volumes Among Major Cryptocurrency ExchangesThe total monthly trading... Read More
Posted: Sep 7 2023, 15:32
Author Name: financemagnates
Views: 092078

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