Crypto Exchange Volume Hits 15-Month Low in December: Report
According to reports, cryptocurrency exchange volume experienced a significant drop in December, reaching a 15-month low. The decline also affected decentralized exchanges. An analyst suggests that seasonal sentiment and year-end repositioning may have contributed to the decrease in trading activity. The development reflects a potential shift in market dynamics as traders adjust their strategies and positions at the close of the year. The report highlights the fluctuations in the crypto market and the various factors influencing trading volume across both centralized and decentralized platforms.
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