Trading Volume Financial News

Bitcoin spot ETFs saw record monthly volume in March, tripling numbers from the previous two months with a whopping $111 billion traded.

Trading volume on major cryptocurrency exchanges has experienced a significant decline in April, coinciding with Bitcoin’s retreat from its all-time high.

In the backdrop of the recent surge in the cryptocurrency market, Mudrex has seen trading activity soaring 192-270% in its crypto investment platform in the last three months. In fact, in February alone, the platform onboarded 42,000 new users. «Anticipating continued growth, we project onboarding 100,000 new users and witnessing a threefold increase in trading volume by the end of March,» said Edul Patel, CEO and Co-Founder of Mudrex, in an exclusive interview with ETMarkets. Patel also shared his valuable perspectives on the current market dynamics, key events to watch out for in the coming financial year, strategic recommendations for investors amidst market volatility, and plans for future growth and expansion. The recent rally in Bitcoin and other cryptocurrencies has captured the attention of investors worldwide. What is your perspective on this market phenomenon, and how does Mudrex position itself to navigate and capitalize on such market trends? Edul Patel: The current market movement in crypto can be attributed to many factors.

Cardano’s price has climbed 4.1% overnight off the back of a hefty $600 million 24-hour trading volume, according to data by CoinGecko. ADA trades at $0.6038 as of this writing.

Pandora, an experimental hybrid token based on the ERC404 standard, has experienced a surge in trading volume since its deployment on February 2.

Decentralized finance (DeFi) platform dYdX market has moved past Uniswap as the largest decentralized cryptocurrency exchange (DEX) by trading volumes.

Centralized exchanges witnessed a significant decline in trading volume in September, marking the third consecutive month of decreasing activity.