Exchange volumes are at a rock bottom as traders turn away from sluggish bitcoin markets. Trading volumes on "top tier" spot exchanges fell by 36% in June, according to a report from London-based data provider CryptoCompare. Similarly, crypto derivatives exchanges experienced a 35.7% drop in volume to $393 billion – the lowest monthly volumes since the start of 2020. Bitcoin's ATR range – a volatility metric – has nearly halved since the start of June. At press time, it was just 20 points above its 2020 low. CryptoCompare CEO Charles Hayter said June's spot prices had been flat compared to previous months and the ... (full story)