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Crypto Exchange Spot Volumes Plunge 60% Post BTC Halving
After a record-breaking March driven by equally impressive Bitcoin (BTC) performance, spot volumes on the top 10 cryptocurrency exchanges dropped by more than 60% in April. According to a benchmark by Finance Magnates Intelligence, their trading volume fell from $2.1 trillion in March to just under $1.3 trillion in April. Cryptocurrency Exchange Volumes Plummet Post-Bitcoin Halving: In March, volumes on the largest cryptocurrency platforms reached their highest levels in nearly four years, increasing by an average of 120%. This surge coincided with a new all-time high (ATH) for Bitcoin, recorded on March 14, when the ... (full story)
