📉 According to CoinGecko's Annual Crypto Industry Report, the total crypto market grew by 108% to $869 billion in 2023. However, in the same period, daily transaction volume decreased by 31.6% compared to 2022, falling to 58.9 billion dollars.
- Bitcoin (BTC) and Ethereum (ETH) experienced huge increases in 2023
- BTC's annual peak was $44,004, ETH's $2,294
- The total transaction volume of the crypto market in 2023 reached 36.6 trillion dollars
- Trading volume of decentralized exchanges (DEX) is still low compared to centralized exchanges (CEX)