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In September, CEX volume decreased month-on-month, and market activity cooled down.
According to Hash World News, in September, the trading activity in the cryptocurrency market slowed down. The total volume of spot and derivative trading on centralized exchanges (CEX) showed a month-on-month decline compared to August, reflecting a decrease in overall market activity due to a lack of new significant positive events to stimulate it. Report data indicates that although the prices of major assets like Bitcoin experienced volatility at the beginning of the month, the downward trend in volume suggests that market sentiment is becoming cautious, and overall liquidity has failed to maintain its previous strong levels, entering a seasonal adjustment period.
$BTC #Cryptocurrency Blockchain #CEX Trading Volume #CryptoMarket