#

Market Cap
24h Vol
5693
Cryptocurrencies
57.31%
Bitcoin Share

Crypto Trading Activity Declines: Centralized Exchanges See 20.1% Drop in May

Crypto Trading Activity Declines: Centralized Exchanges See 20.1% Drop in May


CryptoGlobe
2024-06-06 22:00:00

The total cryptocurrency trading volume on centralized exchanges has plunged 20.1% last month to a total of $5.27 trillion while major cryptocurrencies including Bitcoin and Ethereum remained rangebound, with a sudden volatility spike after the Securities and Exchange Commission approved spot Ether exchange-traded funds in the US. According to CCData’s latest Exchange Review report, spot


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.