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CoinGecko Q2 report: BTC up 6.9%, total ETH pledged up 30.3%

CoinGecko Q2 report: BTC up 6.9%, total ETH pledged up 30.3%

Bitget2023/07/27 09:27

CoinGecko released the cryptocurrency industry report for the second quarter of 2023, which contains the following 6 key points.

· BTC saw some volatility in the second quarter of 2023, ending the second quarter up 6.9%. The total market value of stablecoins fell by 3.5%, and USDC and BUSD once again became the stablecoins with the largest decline in market value. · In the second quarter of 2023, the total amount of ETH pledged increased by 30.3% to 23.6 million. ·Despite the increasing popularity of Bitcoin Ordinals, the total number of NFT transactions is still down by 35.0%. · In the second quarter of 2023, the spot trading volume of the top ten centralized cryptocurrency exchanges (CEX) totaled 1.42 trillion US dollars, a decrease of 43.2% from the first quarter. Among them, Binance's market share dropped to 52%. · In the second quarter of 2023, the spot trading volume of the top ten decentralized exchanges fell by 28.1%, and the trading volume fell to 155 billion US dollars, and Uniswap maintained its dominance.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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