Coinbase (COIN) on Watch on Negative June Trading Data
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Cryptocurrency trading volumes slump 40% in June, data shows
July 12, 2021 7:33 AM EDTLONDON (Reuters) - Trading volumes at major cryptocurrency exchanges fell by more than 40% in June, research showed on Monday, with a regulatory crackdown in China and lower volatility among the factors depressing activity.
Spot trading volumes fell 42.7% to $2.7 trillion, with derivative volumes down 40.7% to $3.2 trillion, London-based researcher CryptoCompare's data showed.
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