📊 Cryptocurrency trading volume on centralized exchanges rose 19% in July to $4.94 trillion, the first increase in four months.
Spot trading volumes grew 14.3% to $1.44 trillion , while derivatives trading volumes showed a more pronounced growth of 21% to $3.50 trillion.
➗ This is a good indicator, as trading volumes are growing and, accordingly, there is an influx of money into the exchanges and liquidity is growing.
