PANews reported on December 1st that, according to The Block, total cryptocurrency spot trading volume fell to $1.59 trillion in November, a 26.7% decrease month-over-month, the lowest since June. Binance's trading volume dropped to $599.3 billion, and DEX volume also fell to $397.8 billion. Uniswap and PancakeSwap recorded $79.8 billion and $70.5 billion respectively. ETFs saw a net outflow of $3.48 billion, indicating that the market as a whole is experiencing low volatility and low liquidity.PANews reported on December 1st that, according to The Block, total cryptocurrency spot trading volume fell to $1.59 trillion in November, a 26.7% decrease month-over-month, the lowest since June. Binance's trading volume dropped to $599.3 billion, and DEX volume also fell to $397.8 billion. Uniswap and PancakeSwap recorded $79.8 billion and $70.5 billion respectively. ETFs saw a net outflow of $3.48 billion, indicating that the market as a whole is experiencing low volatility and low liquidity.
Crypto trading volume fell to approximately $1.6 trillion in November, the lowest level since June.
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PANews reported on December 1st that, according to The Block, total cryptocurrency spot trading volume fell to $1.59 trillion in November, a 26.7% decrease month-over-month, the lowest since June. Binance's trading volume dropped to $599.3 billion, and DEX volume also fell to $397.8 billion. Uniswap and PancakeSwap recorded $79.8 billion and $70.5 billion respectively. ETFs saw a net outflow of $3.48 billion, indicating that the market as a whole is experiencing low volatility and low liquidity.
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