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Crypto Exchange Volumes Sees Growth since May, Jumped to $733 billion in Sep

October 3, 2022


According to The Block, trading volume on cryptocurrency exchanges jumped to $733 billion in September, up 16% month-on-month and marking the first significant increase since May of this year.

In the year’s first half, the cryptocurrency industry did not perform as well as expected, with a significant drop in spot and derivatives trading volumes across major exchanges.

Cryptocurrency spot trading volumes fell nearly 28% in June to $1.41 trillion, the lowest level since December 2020, as bitcoin prices tumbled, according to data compiled by CryptoCompare.

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