According to CoinGecko's Q2 = Report, the cryptocurrency market consolidated its gains in the second quarter after a boom in the first quarter, with the total market capitalization edging up from $1.238 trillion on March 31, 2023 to $1.240 trillion on June 30, 2023, an increase of just 0.14%. April and May were relatively quiet months, especially after the Shapella upgrade for ethereum on April 12, as the market lacked any strong push. April and May were relatively quiet months, especially after Ether's Shapella upgrade on April 12, as the market lacked any strong push. The prices of Bitcoin (BTC) and Ether (ETH) are currently hovering around $30,000 and $1,900 respectively, with BTC climbing 6.9% in the second quarter and ETH up 6.0%.
The stablecoin's overall market capitalization shrank by 3.5%, with USDC seeing the biggest drop; ETH pledges grew by 30.3% after ETH's withdrawal feature was enabled; and NFT trading volume fell by 35.0%. With regard to exchanges, CEX's spot volume fell by 43.2%, with Binance's market share dropping to 52%, DEX's spot volume fell by 28.1%, and Uniswap continued to maintain its position as a leader in the exchange market. Uniswap continues to maintain its dominant position.
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