Troubling signs for crypto trading: Coinbase's transaction volume is now down 70% - Tool Boxx

Sunday, August 6, 2023

Troubling signs for crypto trading: Coinbase's transaction volume is now down 70%


via TechSpot https://ift.tt/0fGOh62
Coinbase says the massive drop in transaction volume is due to crypto's overall market cap decreasing year-on-year. On April 4, 2022, the market cap was $2.26 trillion. But falling average crypto prices saw it drop to under $1 trillion at the start of 2023.

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