CEX daily trading volume rises to nearly $100 billion for first time since 2021

Daily trading volume of centralized cryptocurrency exchanges (CEX) has risen to nearly 100 billion US dollars for the first time since 2021. On March 6th, the daily trading volume (7-day MA) of major centralized exchanges reached 97.4 billion US dollars, compared to only about 24 billion US dollars in early February. In addition, the monthly trading volume of CEX has been increasing in the past few months. In December 2023, the monthly trading volume of CEX broke through the 1 trillion US dollar mark for the first time since the end of 2022.

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