April’s crypto exchange volumes have hit a new all-time high
Crypto exchanges have seen some $1.3 trillion in volume, according to data collected by The Block, the most-ever on record.
The amount eclipses the previous all-time high seen in February on legitimate exchanges, as shown in the chart below. April’s figure also represents the third month in a row that volumes have exceeded $1 trillion.
Significant market events this month include an all-time price high for bitcoin as well as a new single-day record for crypto futures liquidations after a market plunge last weekend.
At press time, bitcoin is trading hands at just over $50,000, according to data from Coinbase.
© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Author: Michael McSweeney
