#BTC
$TAO $BCH $DASH

Trading volumes climbed in July even as prices fell

Spot volumes rose 14.3% to $1.44 trillion and derivatives gained 21% to $3.50 trillion, per CCData.

Stablecoin trading went the other way, down 8.35% to $795 billion on weaker centralized exchange activity. Volume rising while $BTC chops points to positioning rather than conviction.