According to a crypto data platform CoinMarketCap, 20 crypto exchanges contributed $1.67 trillion in total spot trade volume in Q2 2023, which represents a 36% drop from the previous quarter.

Binance, despite its current legal hurdles, still maintains a majority hold on the market with a total spot trading volume of 59.99%.

The market is slowing down<

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Author: Sarah Jansen

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