Daily trading volume on centralised crypto exchanges rises to nearly $100 billion for the first time ever
Daily trading volume on centralised crypto exchanges (CEXs) soared nearly $100 billion for the first time since 2021. on March 6, the 7-day moving average of daily trading volume on the major centralised exchanges reached $97.4 billion USD, after a low of around $24 billion in early February this year. Historically, daily trading volume has only been at this level for less than two months, with most of that time occurring during the bull market of 2021, when bitcoin first reached a high of $69,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ASBIS posts August revenue up 91% to USD 604 million, sets monthly record
The new Roadster, postponed for nine years, finally has a release date! Morningstar maintains Tesla (TSLA.US) target price at $450: Supercars are not the valuation logic, FSD, Robotaxi, and Optimus are.
Tesla has officially announced that the new generation Roadster will be unveiled on October 1. However, institutions generally believe that this is primarily a branding campaign and will have minimal impact on the company's valuation.
Market Chatter: Paramount, California Settlement Talks Include Penalty for Missing 30-Film Pledge
Intesa Sanpaolo hosts Italian Equity Champions investor conference in New York
Crypto prices
More
