Main / News / research / Crypto Exchange Trading Volumes Kick-Off Year on Cold Note

Cryptocurrency exchanges have kicked off the year on a slower note with trading volumes hitting new lows in January not seen since 2017. Partly accounting for a lack of volatility so far this year, exchanges could be set to enter a new plateau after coming off a record breaking year (Diar, 14 January).

Notably, Binance has seen it’s Bitcoin/USD market slashed by over 40% versus December-18, marking the popular token exchange’s worst period since the now-largest exchange came to prominence in 2017. And while major exchanges did go into investment drive last year as they began seeding startups within the industry, its all a little fresh to bear any fruit (Diar, 8 October, 2018).

Share in: