Binance's Spot Trading Volume Drops to Second-Lowest Since 2021 as Crypto Market Cools Down

The spot trading volume of leading cryptocurrency exchange Binance has plummeted by 48% last month, marking the second consecutive month of declines for the cryptocurrency trading platform. According to CCData’s latest Exchange Review report, Binance’s trading volume dropped to $287 billion last month, recording its second-lowest monthly trading volume since 2021.