BTC Spot Market Volume Falls 30% in June
Main page News, Bitcoin

The volume in both BTC's spot and futures markets registered a fall of 31.98% and 40.39%, respectively, over the past month, according to data provided by The Block.

This significant drop in volumes has reportedly coincided with an increase in trading volumes in Ethereum-based decentralized exchanges (DEX). Thus, according to data from Dune Analytics, decentralized trading platforms recorded a monthly volume of $1.51B during the past month, representing an outstanding 70% increase compared to the previous month.

Monthly Bitcoin futures volumes have also suffered a significant decline, posting a 40% drop from $557B in May to $332B in June.

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