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Trading volume on major crypto exchanges fell in April for the time in seven months while market bellwether Bitcoin retreated from a record high. Spot trading volume on so-called centralized exchanges such as Coinbase Global, Binance and Kraken tumbled 32.6% to $2 trillion last month, according to data from researcher CCData. Derivatives trading volume also ...
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Most cryptocurrencies gained ground on Thursday as the risk appetite rebounded ahead of important US inflation data. The Federal Reserve remains cautious about amending interest rates, with a laser focus on bringing inflation towards 2%, while US consumer prices data for April are awaited next week. According to the Fedwatch tool, there’s a 91.3% chance the ...