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Combined Crypto Spot and Derivative Exchange Volumes Sink to Yearly Low

Combined Crypto Spot and Derivative Exchange Volumes Sink to Yearly Low
The total volumes generated from spot and derivatives trading activities on centralized exchanges (CEXs) slumped by 12% to $2.36 trillion in July, hitting the lowest monthly trading volume recorded this year, so far. The figures are based on the latest exchange review report by CCData, a digital assets data provider.Trading Suffers Lack of Volatility Specifically, spot trading volume sank by 10.5% to $515 billion, the second-lowest volume generated since March 2019. Similarly, crypto exchanges g... Read More
Posted: Aug 3 2023, 13:35
Author Name: financemagnates
Views: 102452

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