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The Block: Web Traffic On Cryptocurrency Exchanges Fell 13.5% Month-On-Month In July
Summary: The data compiled by The Block Research shows that the number of visits to cryptocurrency exchanges in July was 319.2 million, a decrease of 13.5% from June and close to half of the historical high in May. Lars Hoffman of Block Research pointed out on Twitter that the decline in network traffic on crypto exchanges ...
The data compiled by The Block Research shows that the number of visits to cryptocurrency exchanges in July was 319.2 million, a decrease of 13.5% from June and close to half of the historical high in May.
Lars Hoffman of Block Research pointed out on Twitter that the decline in network traffic on crypto exchanges coincided with the decline in trading volume.
Trading volume fell from the historical high of $2.3 trillion in May to $1.22 trillion in June and then fell further to $816.5 billion in July. Among them, Bybit rose by about 1.4% compared with the previous month, while Coinbase fell by about 3%.
By Mary Liu
Tags: Bybit,Coinbase,Crypto Exchange,Cryptocurrency
Link: The Block: Web Traffic On Cryptocurrency Exchanges Fell 13.5% Month-On-Month In July [Copy]
