Market Cap
24h Vol
6566
Cryptocurrencies
51.43%
Bitcoin Share

May’s Crypto Market: Centralized Exchange Declining Volumes Hint at Bigger Changes Ahead

May’s Crypto Market: Centralized Exchange Declining Volumes Hint at Bigger Changes Ahead


Bitcoinist
2024-06-06 04:00:04

The trading volume across centralized cryptocurrency exchanges has notably declined, dropping to $5.27 trillion in May 2024. This decrease, roughly 20.1% from the previous month, marks a continued downtrend following the muted price activity of Bitcoin after its April Halving. Crypto Exchange Landscape And Institutional Interest According to CCData reports, this deceleration affects both 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.