June 2024: Ethereum (ETH) Trading Volumes Plummet Amidst Broader Crypto Market Declines

The crypto market witnessed a substantial decline in trading volumes for the third consecutive month post-March 2024. Notably, institutional interest in Ethereum (ETH) saw a significant decrease in June, reflecting broader market trends. According to CME data, the combined trading volume of cryptocurrencies fell by 21.8% to $4.22 trillion, driven by sideways movements and losses

Source: CoinOtag