Cryptocurrency traded volume dries up in August

InstitutionalSeptember 3, 2019, 7:01AM EDT
UPDATED: March 17, 2022, 5:19PM EDT
Cryptocurrency traded volume dries up in August
Partner offers

We'd love your feedback.

Advertisement

Cryptocurrency exchange trading volumes are perhaps the best indicator of the industry's health, serving as the strongest gauge of interest in cryptocurrencies and bitcoin.

While the price of the world's largest cryptocurrency continues to hover around $10,000, legitimate trading volumes tell a different story, hitting a five-month low of $55 billion  in August. A 50% decline compared to two months ago.

Expert insights. Delivered.

Get access to a suite of news, research, data, and funding tools