Daily cryptocurrency trading volume is high, stable exchanges prevail

According to data this week, cryptocurrency trading volume reached an all-time high on May 20 and reached $ 1.76 trillion in 24-hour reported volume. Daily trading volume statistics on Monday were high as the volume reported by crypto market aggregators showed more than $ 300 billion in 24-hour volume. Meanwhile, stablecoins are capturing 50% of Monday's global trade volume with tokens such as tether, USD binance and USD. Global Reported Crypto Trading Volumes All Crypto-Economy Reaches Lifetime Highs of Lifetime Reported Volumes May 2021 saw the highest cryptocurrency trading volume in history. In fact, the volume reported in hundreds of crypto exchanges on May 20 is showing a record high (ATH) of $ 1.76 trillion in daily volume. The volume announced Monday for Bitcoin (BTC) is about $ 71 billion in global exchanges. Statistics show that April also saw significant trading volumes of about one trillion when it reached a 30-day high of $ 708 billion in daily swaps. With the $ 1.76 trillion captured last Thursday, the total market cap of the fiat cryptocurrency increased from $ 2 trillion to $ 1.4 trillion. Global statistics data from Coincheckup.com show that it exceeds $ 1 trillion in global exchanges almost every day after May 19, 2021. On Monday, Coingecko's statistics show that the global trade volume is about $ 304.9 billion and the total crypto-economy valuation is $ 1.6 trillion. Coingecko's data is basically almost identical to coinmarketcap.com showing which exchanges are paying in real time. The $ 100 billion Stablecoin economy accounts for more than half of the global trading volume The Coingecko Indexed Token Index also shows that the valuation of the stablecoin market is on the rise and under pressure. Over $ 202 billion in 24-hour global trade volume. If the reported figures are correct, about 50% of the global trade volume on Monday is with stablecoins. Noteworthy

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