Legitimate volume on spot crypto exchanges fell to $125.8 billion in October

Exchanges • November 7, 2020, 12:43PM EST
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Cryptocurrency trading volumes decreased by 25.8% in October, according to The Block's volume index for spot exchanges.

October's legitimate volume figure came in at $125.8 billion compared to $169.5 billion for the month of September.

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As previously reported, volume on decentralized exchanges fell during October as well. Those volumes declined to $18.46 billion from September's $24 billion.