Daily spot trading volume hits $75 billion, futures at $336 billion
- —Spot volume of $75 billion is one of the highest levels since February
- —Perpetual futures volume of $336 billion is the highest since March
- —Binance: $19.4 billion in spot, Coinbase: $8 billion
- —The rise in volumes coincided with a 24% rally in BTC
Why it matters: Rising volumes alongside price may signal a recovery in market participation, but on their own do not confirm a trend change.
Source: TokenPost