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Crypto Volume Heads South As Exchanges See Multi-year Lows

Crypto investments hit a 32-month low last month, with exchange volume down more than 27% between April and May. So reports TechCrunch.

As such, May’s exchange volume yielded $222.7 billion in activity, the lowest level since October of 2020. Binance, the largest exchange by volume, is considering staffing adjustments as a result of economic conditions in the digital asset space, it adds.

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