Markets· ★★★· neutral·

August crypto trading volume rises to $75 billion spot and $336 billion futures

  • —Spot volume on August 21 was about $75 billion, the second-highest since February
  • —Binance handled $19.4 billion and Coinbase $8 billion in daily spot volume
  • —Perpetual futures volume reached $336 billion, the highest since March
  • —Bitcoin is trading near monthly lows ahead of the CLARITY Act vote and the Fed meeting
Why it matters: Rising volumes confirm a return of demand, but September's price pullback will show whether traders stay without a fresh rally.
#BTC
Source: Coin Edition
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