Legitimate volume on spot crypto exchanges fell to $125.8 billion in October
Cryptocurrency trading volumes decreased by 25.8% in October, according to The Block’s volume index for spot exchanges.
October’s legitimate volume figure came in at $125.8 billion compared to $169.5 billion for the month of September.
As previously reported, volume on decentralized exchanges fell during October as well. Those volumes declined to $18.46 billion from September’s $24 billion.
© 2020 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