Total cryptocurrency exchange volume in January exceeded December last year, reaching $1.15 trillion

The Block's research analyst Rebecca Stevens posted on X platform that data shows that despite a slowdown in cryptocurrency exchange trading volume in recent times, the monthly total trading volume in January still exceeded that of December 2023, reaching $1.15 trillion. It is worth noting that although exchange trading volume has been declining since the launch of spot ETFs, it is still relatively high compared to last year, at around $27 billion per day.