Coinbase spot trading volume falls by 52% compared to 2022: Report By Cointelegraph
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The spot trading volume of Coinbase (NASDAQ:), one of the largest crypto exchanges in the United States, has dropped by more than half, highlighting a shift in interest in crypto trading.
Citing analysis from digital asset data provider CCData, mainstream media outlet Bloomberg reported on Oct. 11 that Coinbase registered around $76 billion in spot trading volume. Compared to its quarterly record for the third quarter of 2022, the new data shows a 52% drop in spot trading for Q3 2023.
Continue Reading on Coin Telegraph
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The spot trading volume of Coinbase (NASDAQ:), one of the largest crypto exchanges in the United States, has dropped by more than half, highlighting a shift in interest in crypto trading.
Citing analysis from digital asset data provider CCData, mainstream media outlet Bloomberg reported on Oct. 11 that Coinbase registered around $76 billion in spot trading volume. Compared to its quarterly record for the third quarter of 2022, the new data shows a 52% drop in spot trading for Q3 2023.
Continue Reading on Coin Telegraph