The total trading volume of cryptocurrency exchanges in January exceeded that of December last year, reaching 1.15 trillion US dollars

Research analyst Rebecca Stevens from The Block posted on platform X, stating that data shows despite a recent slowdown in cryptocurrency exchange trading volume, the total monthly trading volume for January still exceeded that of December 2023, reaching $1.15 trillion. It is worth mentioning that although exchange trading volume has been declining since the launch of spot ETFs, it remains relatively high compared to last year at around $27 billion per day.