Spot trading volume on major cryptocurrency exchanges fell in April for the first time in seven months

According to CCData, a research institution, the spot trading volume of centralized exchanges such as Coinbase Global, Binance, and Kraken in April experienced the first decline in seven months, dropping by 32.6% to $2 trillion. The trading volume of Bitcoin also fell from its historical high point, and the trading volume of derivatives also experienced the first decline in seven months, dropping by 26.1% to $457 billion.