Trading volume of centralized crypto exchanges fell 40% in April, data shows


According to a recent report from crypto data provider CCData, spot trading volume on some of the largest centralized cryptocurrency exchanges fell 40.2% from a month earlier in April to $621B, the lowest figure since December.

What contributed to the recession? Coinbase Global (NASDAQ:COIN), Binance, Binance.US, OKX, Upbit, and Kraken have declined since March due to multiple bank failures as well as recession threats, the report said.


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