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Major Cryptocurrency Exchanges Saw 29% Growth In July

From zycrypto.com

In the July report, the analytical firm CryptoCompare conducted an investigation on the activities of cryptocurrency exchanges. The experts determined that traders turned to the leading cryptocurrency exchanges more, recording an increase in trading volumes by 29%. Wholly, the leading crypto exchanges account for about $31 billion, or 5% of the total volume in July. At the same time, the low-quality trading platforms still dominate the market, despite a general decline of 20%. Note, that companies with the highest rating (A) made up 19% ($119 billion), an increase of 9.9% compared to the previous month, while ... (full story)

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  • Category: Fundamental Analysis