Daily trading volume on centralised crypto exchanges rises to nearly $100 billion for the first time ever

Daily trading volume on centralised crypto exchanges (CEXs) soared nearly $100 billion for the first time since 2021. on March 6, the 7-day moving average of daily trading volume on the major centralised exchanges reached $97.4 billion USD, after a low of around $24 billion in early February this year. Historically, daily trading volume has only been at this level for less than two months, with most of that time occurring during the bull market of 2021, when bitcoin first reached a high of $69,000.