ChainCatcher news, the CCData report shows that the trading volume of centralized cryptocurrency exchanges decreased by 21.8% in June, marking the third consecutive month of decline in spot and derivatives trading volume since March. The total trading volume of spot and derivatives across all centralized exchanges in June was $4.2 trillion, down 53% from the record $9 trillion set at the end of March.The report pointed out that the significant drop in prices of Bitcoin and other crypto assets in June triggered a series of liquidations, leading to a substantial decrease of 9.7% in open contracts on crypto derivatives exchanges. The total trading volume of futures at the world's largest institutional derivatives exchange, the Chicago Mercantile Exchange (CME), also saw a "significant" decline, dropping 11.5% to $103 billion in June.

ChainCatcher news, according to CCData, Binance's spot trading volume in April decreased by 48% month-on-month, reaching $287 billion, the second lowest level since 2021.It is reported that the overall spot trading volume on centralized exchanges in April dropped by 40%, reaching the lowest level since December of last year. CCData stated that uncertainties surrounding the macroeconomic situation, such as the imminent threat of recession and the collapse of several U.S. banks, are among the reasons for the decline in trading volume. (Source link)