Crypto in sustained winter as CEX volumes drop 39% in Q1: CoinGecko
Burns Brief
March was the “weakest month" with $800 billion in centralized crypto exchange trading volume, the lowest since November 2023 The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
March was the “weakest month" with $800 billion in centralized crypto exchange trading volume, the lowest since November 2023.
Key Takeaways
- March was the “weakest month" with $800 billion in centralized crypto exchange trading volume, the lowest since November 2023