DYNAMICS OF TOTAL CEX MONTHLY VOLUME IN 2019

The total CEX Volume has been significantly declining every month starting from August after reaching an ATH for 2019 in July.

There are 2 reasons for this:
▪️Market Sentiment. After “HOT” summer we have experienced “RAINY” autumn with a significant price drop of BTC and almost all altcoins. Significant price drops usually negatively affect volume on the exchanges.
▪️ We used the data from cryptorank.io to prepare this infographic. In October Cryptorank introduced its anti-wash trading filter which resulted in a drastic fall of the volumes of almost all the exchanges. Cryptorank team manually analyzes the volumes of the exchanges and exclude the trading pairs with inflated or fake volume.

Spread the love
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
CryptoDiffer Admin
query2212@gmail.com

Leave a Reply

Your email address will not be published.