Crypto trading volume hits 4-year low. The total trading volume of cryptocurrencies on centralized exchanges fell to $475 billion in August, the lowest level since March 2019. This is a significant decline from the peak of $3.2 trillion in May 2021. The decline in trading volume is likely due to a number of factors, including the overall bear market in cryptocurrencies, the lack of major price volatility, and regulatory uncertainty.

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