Crypto Trading Volume Plummets 43% in Q2 2023, Report Reveals

Crypto Trading Volume Plummets 43% in Q2 2023, Report Reveals

Crypto trading volume took a hit in the early months of the year, falling 43% between Q1 and Q2 2023.
NFT trading volume declined by a total of 35%, from $4.84 billion in Q1 to $3.15 billion in Q2.
Tether (USDT) strengthened its position as the top stablecoin, increasing its market cap by 4.4% ($3.48 billion).