Cex Data: Trading Volume Stagnates, Website Traffic Plummets by 13%!

Key Points:

  • In January, major exchanges experienced a 2.6% rise in spot trading volume. Bitfinex, Crypto.com, and Huobi led with impressive change rates, while others faced setbacks.
  • Derivatives trading saw a positive trend, with Bitget, Crypto.com, and Mexc leading the pack. Despite some declines, the overall derivatives market showed resilience.
  • Despite the trading boom, major exchanges collectively faced a 13% drop in website traffic. The article also cautions readers about potential volume manipulation and bot-related activities.
In the dynamic landscape of cryptocurrency exchanges, January witnessed notable shifts Cex data in trading volumes and website traffic across major platforms.

Spot Trading Volume Surge

Cex Data: Trading Volume Stagnates, Website Traffic Plummets by 13%!

In January, major exchanges experienced a 2.6% month-on-month increase in spot trading volume. Noteworthy leaders in this upward trajectory were Bitfinex, Crypto.com, and Huobi, showcasing change rates of 20%, 16%, and 16%, respectively. On the flip side, Gate faced a significant setback with a -26% change rate, followed by Mexc at -16%, and BitMart at -4%.

Derivatives Trading Volume Insights

Cex Data: Trading Volume Stagnates, Website Traffic Plummets by 13%!

Derivatives trading volume also saw a positive trend with a 1.3% month-on-month increase. Leading the pack were Bitget, Crypto.com, and Mexc, with change rates of 28%, 15%, and 14%, respectively. However, Huobi, Kucoin, and Binance experienced declines, showing change rates of -11%, -7%, and -3%.

Website Traffic Dynamics

Cex Data: Trading Volume Stagnates, Website Traffic Plummets by 13%!

Contrary to the trading volume trends, major exchanges collectively witnessed a 13% month-on-month decrease in website traffic in January. Upbit, Deribit, and BitMart emerged as the top performers with change rates of 13%, 6%, and 1%, respectively. On the other end of the spectrum, Huobi faced a substantial -32% change rate, accompanied by Bitfinex at -22%, and Crypto.com at -11%.

It is crucial to note a disclaimer regarding potential volume manipulation or bot-related activities in the provided data. As the crypto industry evolves, staying informed about these fluctuations becomes essential for market participants and enthusiasts alike.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Cex Data: Trading Volume Stagnates, Website Traffic Plummets by 13%!

Key Points:

  • In January, major exchanges experienced a 2.6% rise in spot trading volume. Bitfinex, Crypto.com, and Huobi led with impressive change rates, while others faced setbacks.
  • Derivatives trading saw a positive trend, with Bitget, Crypto.com, and Mexc leading the pack. Despite some declines, the overall derivatives market showed resilience.
  • Despite the trading boom, major exchanges collectively faced a 13% drop in website traffic. The article also cautions readers about potential volume manipulation and bot-related activities.
In the dynamic landscape of cryptocurrency exchanges, January witnessed notable shifts Cex data in trading volumes and website traffic across major platforms.

Spot Trading Volume Surge

Cex Data: Trading Volume Stagnates, Website Traffic Plummets by 13%!

In January, major exchanges experienced a 2.6% month-on-month increase in spot trading volume. Noteworthy leaders in this upward trajectory were Bitfinex, Crypto.com, and Huobi, showcasing change rates of 20%, 16%, and 16%, respectively. On the flip side, Gate faced a significant setback with a -26% change rate, followed by Mexc at -16%, and BitMart at -4%.

Derivatives Trading Volume Insights

Cex Data: Trading Volume Stagnates, Website Traffic Plummets by 13%!

Derivatives trading volume also saw a positive trend with a 1.3% month-on-month increase. Leading the pack were Bitget, Crypto.com, and Mexc, with change rates of 28%, 15%, and 14%, respectively. However, Huobi, Kucoin, and Binance experienced declines, showing change rates of -11%, -7%, and -3%.

Website Traffic Dynamics

Cex Data: Trading Volume Stagnates, Website Traffic Plummets by 13%!

Contrary to the trading volume trends, major exchanges collectively witnessed a 13% month-on-month decrease in website traffic in January. Upbit, Deribit, and BitMart emerged as the top performers with change rates of 13%, 6%, and 1%, respectively. On the other end of the spectrum, Huobi faced a substantial -32% change rate, accompanied by Bitfinex at -22%, and Crypto.com at -11%.

It is crucial to note a disclaimer regarding potential volume manipulation or bot-related activities in the provided data. As the crypto industry evolves, staying informed about these fluctuations becomes essential for market participants and enthusiasts alike.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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