According to data provided by web traffic tracking resource SimilarWeb, the number of visits to cryptocurrency exchange platforms registered a significant fall in April compared to March, The Block has reported.
Per the data, crypto exchanges received 99.9 million visits in April, a figure a 10.2% lower than the 111.2 million visits registered during the previous month.
The exchange that received more visits was Binance with around 23.2 million users, followed by Coinbase (21.7 million) and BitMEX (8 million).
According to the data, the remaining 52.9% went to Binance, Coinbase and BitMEX.
It looks like traders are staying away from trading platforms in anticipation of the Bitcoin halving. Even though the price of the reference crypto has risen in the long term after the two previous halvings, investors remain wary of such an event, which is probably the reason why visits to exchanges declined in the past month.
What will happen after the Bitcoin halving scheduled for tomorrow? Will there be an increase in the number of investors interested in cryptos? We will soon find out.
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