2024-7-15 19:38 |
Slumps in Bitcoin prices and the total cryptocurrency market cap coincided with reduced trading activity on centralized exchanges like Binance. origin »
|
In April, derivatives trading volume on the largest exchanges decreased by 1.4% month-on-month.
Despite an average December of almost 200 million, the number of people flocking to crypto exchanges has spiked 75% per month. It’s the second time in three years that the crypto community has faced such a significant increase in user activity.
Things are going from good to better for Ethereum, the second-ranked cryptocurrency by market cap. Bitfinex CTO, Paolo Ardoino today tweeted that both spot, and perpetual, volumes for Ethereum have been consistently higher than Bitcoin during the past couple of days.