Crypto Spot Trading Volume Reaches $2.8 Trillion, CoinGecko Q1 2023 Study Reveals
CoinGecko’s latest study reveals that the first quarter of 2023 saw the crypto market come to life, with digital asset spot trading volume among the top ten crypto exchanges hitting a staggering $2.8 trillion. This is an increase of 18.1% from the previous quarter. The study shows that monthly trading volumes have been on an upward trend since the lows of $0.5 trillion seen in December 2022. However, average monthly volumes have yet to reach the levels of the first half of 2022, which were last seen at nearly $1 trillion. The CoinGecko report also highlights the impact of the