BitMEX and BitMart may be first casualties of crypto trading slump
CoinDesk·
60-second summary
Trading volumes across major centralized platforms have fallen to $1.05 trillion, marking the quietest stretch of activity for the digital asset market in over two years, with BitMEX and BitMart potentially facing significant financial strain due to decreased trading activity. This decline in volumes may signal a broader crypto trading slump, impacting the revenue of major exchanges.
Trading volumes across major centralized platforms fell down to $1.05 trillion, marking the quietest stretch of activity for the digital asset market in over two years.