Cryptocurrency trading volume plummeted 40% in June
According to data from London-based research firm CryptoCompare, cryptocurrency spot trading volume fell 42.7% to $2.7 trillion, while derivatives trading volume fell 40.7% to $3.2 trillion. CryptoCompare said that spot trading volume declined due to falling prices and market volatility. Bitcoin fell more than 6% in June, hitting its lowest level since January.
The trading platform Binance has faced scrutiny from regulators around the world, yet it still maintains its position as the platform with the largest amount of spot trading volume. Despite this, trading volume on Binance fell 56% in June to $668 billion.
$digital currency (LIST0641.SH)$
$Bitcoin (BTC.CC)$
$Ethereum (ETH.CC)$
The trading platform Binance has faced scrutiny from regulators around the world, yet it still maintains its position as the platform with the largest amount of spot trading volume. Despite this, trading volume on Binance fell 56% in June to $668 billion.
$digital currency (LIST0641.SH)$
$Bitcoin (BTC.CC)$
$Ethereum (ETH.CC)$
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