CoinScoopCryptoQuant: Trading Volume Surge Signals Potential End to Bear Market
Crypto exchange trading volume showed signs of recovery in August, breaking away from bear-market trends. Data from CryptoQuant indicates that spot trading volume reached approximately $75 billion on August 21, while perpetual futures volume hit about $336 billion. The firm suggests this rebound, occurring alongside a price rally, may serve as an early indicator of a new bull market phase.
Summaries are written by AI from the original article. Not investment advice.