The financial information account Kobeissi Letter reported on the 4th that cryptocurrency data analytics firm Kaiko noted last week that the daily trading volume across 44 spot exchanges it tracks had fallen to approximately $15 billion. This marks the lowest level since the beginning of the year, representing a 70% decrease from the peak in January.
According to the account, there were two business days in February when daily trading volumes exceeded $100 billion. Since December, the average daily trading volume has...
