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Crypto Exchange Volumes Slump in April, Breaking Six-Month Bullish Streak as Market Shifts Focus to Niche Sectors
LONDON — After a blistering six-month rally that captured the attention of global financial markets, the momentum powering centralized cryptocurrency exchanges (CEXs) abruptly stalled in April. New data compiled by prominent blockchain and digital asset research firm CCData reveals a dramatic contraction in trading activity, snapping one of the longest consecutive periods of growth the […]
Centralized Crypto Exchanges Suffer Steep 43.8% Volume Drop in April, Breaking Six-Month Bullish Streak
Main Facts The explosive momentum that characterized the cryptocurrency market through the late winter and early spring of 2024 encountered a severe roadblock in April. New comprehensive blockchain data compiled by market tracker CCData reveals that the total trading volume across centralized cryptocurrency exchanges (CEXs)—encompassing both spot and derivatives markets—suffered a staggering 43.8% contraction during […]
Centralized Crypto Exchange Volumes Plummet 43.8% in April, Ending Six-Month Bull Run
LONDON — After half a year of relentless growth and surging market enthusiasm, the centralized cryptocurrency exchange (CEX) sector hit a sharp speed bump in April. According to comprehensive new data from premier blockchain and digital asset research firm CCData, the combined trading volume for spot markets and derivatives across top-tier and lower-tier centralized platforms […]
Bitcoin Unrealized Profits Hit 21-Month High of 54%: CryptoQuant Issues Market Correction Warning
Date: September 29, 2026 Author: Financial Markets Desk Category: Cryptocurrency Markets / On-Chain Analysis Main Facts In a significant market development that has sent ripples through the digital asset ecosystem, blockchain analytics firm CryptoQuant has issued a stark warning regarding the state of Bitcoin’s market valuation. According to data verified and published on September 29, […]
US Winter Storm Plunges Bitcoin Hashrate to Seven-Month Low as Miners Curtail Operations to Stabilize Local Grids
WASHINGTON — A fierce and expansive winter storm that swept across large swathes of the United States over the weekend triggered an immediate crisis for the nation’s power infrastructure, forcing a massive portion of the domestic Bitcoin mining fleet to voluntarily power down. The unprecedented curtailment drained the global blockchain network of a significant fraction […]
Centralized Crypto Exchanges Suffer Record-Breaking 43.8% Volume Plunge in April, Ending Six-Month Bullish Streak
Introduction and Main Facts The red-hot momentum that characterized the cryptocurrency markets through the late winter and early spring of 2024 has hit a formidable speed bump. Fresh blockchain data released by digital asset tracking firm CCData reveals that the combined spot and derivatives trading volume across centralized cryptocurrency exchanges (CEXs) plummeted by a staggering […]
Centralized Crypto Exchanges Suffer Record 43.8% Volume Drop in April, Ending Six-Month Bullish Streak
A significant cooldown hit digital asset markets in April as macroeconomic pressures and shifting investor sentiment brought an abrupt halt to months of explosive growth across centralized trading platforms. Main Facts The explosive momentum that characterized the cryptocurrency market through the late winter and early spring of 2024 encountered a substantial roadblock in April. New […]
XRP Holds Key $1.00 Support as On-Chain Activity Hits 3-Month High Following Leverage Reset
The market structure for XRP, the native token of the XRP Ledger (XRPL), is undergoing a significant transition. Following a sharp derivatives deleveraging event that cleared excess speculative positioning from the market, XRP has successfully defended its psychologically critical $1.00 support level. Simultaneously, underlying network fundamentals have surged, with active addresses and new wallet creation […]
