- CryptoRank said spot trading volume on major centralized exchanges fell to $986 billion in March, the lowest level in 24 months.
- Trading value in March at South Korea’s five major exchanges also declined 50% year on year to $59 billion.
- The sharp fall in volume was attributed mainly to risk-off sentiment triggered by the Iran war, which pushed up oil prices and inflation.
Forecast Trend Report by Period
According to CryptoRank, a crypto data platform, spot trading volume on major centralized exchanges (CEXs) totaled $986 billion in March.
That was the lowest level in the past 24 months. It marked the first time spot volume fell below $1 trillion since October 2024. Compared…
