CryptoQuant Flags Volume Revival as Another Crack in Bear Market Downtrend
Crypto exchange trading volume broke out of its bear-market slump in August. Spot activity reached roughly $75 billion on August 21, and perpetual futures hit about $336 billion, according to CryptoQuant data. The analytics firm reads the rebound as an early marker of a new bull phase, since the spike arrived alongside a price rally The post CryptoQuant Flags Volume Revival as Another Crack in Bear Market Downtrend appeared first on BeInCrypto.
Key Takeaways
- Crypto exchange trading volume broke out of its bear-market slump in August.
- Spot activity reached roughly $75 billion on August 21, and perpetual futures hit about $336 billion, according to CryptoQuant data.
- The analytics firm reads the rebound as an early marker of a new bull phase, since the spike arrived alongside a price rally The post CryptoQuant Flags Volume Revival as Another Crack in Bear Market Downtrend appeared first on BeInCrypto.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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