๐จ JUST IN: CEX SPOT TRADING VOLUME JUMPS 15% TO $811 BILLION
Centralized crypto exchanges saw a strong rebound in August, with total spot trading volume rising 15% to $811 billion.
๐ Key highlights:
๐น July marked a two-year low for CEX spot trading activity
๐น August brought a strong recovery in market participation
๐น Coinbase and KuCoin posted the strongest gains among major exchanges
๐น The rebound suggests renewed interest in spot crypto markets
๐ Higher spot volume can signal increasing participation and liquidity, especially when supported by broader market momentum.
๐ The key question now: Is this the beginning of a sustained recovery in crypto trading activity, or just a temporary rebound?
๐ Follow us for more crypto, macro and market updates.
#IMFSaysElSalvadorBTCNoPublicFunds #CanadaToImpose15%To50%TariffsOnUSGoods
Centralized crypto exchanges saw a strong rebound in August, with total spot trading volume rising 15% to $811 billion.
๐ Key highlights:
๐น July marked a two-year low for CEX spot trading activity
๐น August brought a strong recovery in market participation
๐น Coinbase and KuCoin posted the strongest gains among major exchanges
๐น The rebound suggests renewed interest in spot crypto markets
๐ Higher spot volume can signal increasing participation and liquidity, especially when supported by broader market momentum.
๐ The key question now: Is this the beginning of a sustained recovery in crypto trading activity, or just a temporary rebound?
๐ Follow us for more crypto, macro and market updates.
#IMFSaysElSalvadorBTCNoPublicFunds #CanadaToImpose15%To50%TariffsOnUSGoods