According to a report by CoinGecko in the third quarter of 2023, the total market value of cryptocurrencies in the third quarter of this year decreased by 10% compared to the previous quarter, totaling 119 billion US dollars. The spot trading volume of centralized exchanges during this period decreased by 20.1%, and the market value of major stablecoins also decreased significantly. CoinGecko stated that USDC decreased by 2.26 billion US dollars, and BUSD had the largest decline, with a decrease of 45.3%, or 1.87 billion US dollars.
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CoinGecko: Total crypto market capitalization fell 10% in Q3 compared to Q2
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