{"id":48244,"date":"2021-07-12T17:36:58","date_gmt":"2021-07-12T13:36:58","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=48244"},"modified":"2021-07-12T17:37:02","modified_gmt":"2021-07-12T13:37:02","slug":"cryptocurrency-trading-volumes-fell-40-in-june","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/cryptocurrency-trading-volumes-fell-40-in-june\/07\/12\/market-updates\/","title":{"rendered":"Cryptocurrency Trading volumes fell 40% in June."},"content":{"rendered":"\n<p>Research has found that trading volumes on major cryptocurrency platforms fell by more than 40% in June amid regulatory restrictions in China and a lack of volatility was one of the factors affecting the activity.<\/p>\n\n\n\n<p>Data from London-based research firm CryptoCompare showed that spot transaction volumes fell 42.7% to $2.7 trillion, with derivatives volumes down 40.7% to $3.2 trillion.<\/p>\n\n\n\n<p>Bitcoin, the largest cryptocurrency, fell more than 6% last month, its lowest level since January, after authorities in China tightened restrictions on currency trading and mining operations.<\/p>\n\n\n\n<p>Bitcoin plunged 35% in May, with losses stemming from Beijing&#8217;s moves to rein in the fast-growing sector. Cryptocurrency trading volumes tend to rise during periods of extreme price volatility.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Research has found that trading volumes on major cryptocurrency platforms fell by more than 40% in June amid regulatory restrictions in China and a lack of volatility was one of the factors affecting the activity. Data from London-based research firm CryptoCompare showed that spot transaction volumes fell 42.7% to $2.7 trillion, with derivatives volumes down &hellip;<\/p>\n","protected":false},"author":9,"featured_media":31837,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,36],"tags":[6904],"class_list":["post-48244","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-market-updates","tag-bitcoin"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=48244"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48244\/revisions"}],"predecessor-version":[{"id":48245,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48244\/revisions\/48245"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31837"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=48244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=48244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=48244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}