Web traffic to crypto exchanges fell 8% month-over-month in January

Web traffic to cryptocurrency exchanges decreased for the third month in a row as of January, according to data collected by The Block Research. 

Web traffic hits for crypto exchanges reached 427.6 million in January, 8.3% lower than December’s web traffic, which itself was 14.7% lower than in November. 


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As further data from The Block Research shows, Binance comprised most of January’s web traffic volume at 33.2%. Coinbase and Bybit followed up with 18.1% and 6.6%, respectively. 

About Author

MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.