Japan's JVCEA: August spot crypto trading volume doubles month-over-month
- —August spot trading volume hit 2.63 trillion units, about double July's level
- —Trading value rose 13.4% to 764.3 billion yen
- —BTC gained 20.7% to about 12.47 million yen; ETH rose 27.3% to about 389,700 yen
- —Margin trading rose 19% to 746.5 billion yen; user deposits climbed 22.2%
Why it matters: Rising volumes and deposits in Japan signal a return of retail demand after the August BTC and ETH rally.
Source: CoinDesk Japan