Overall, trading activity on crypto exchanges declined last month, with derivatives and spot trading volumes both falling by 17%, the report noted. September historically marks the end of a weak mid-year trading season, giving way to a busier final quarter, CCData analysts said. “With catalysts such as increased market liquidity following the Federal Reserve’s interest rate cut and the upcoming US elections, trading activity on centralized exchanges is expected to increase in the coming months,” write the authors.
