June crypto exchange web traffic sees second biggest drop since January

Data compiled by The Block exhibits that Web traffic to cryptocurrency exchanges skilled the second best drop in quantity since the start of this yr. 

May had been the report excessive for web traffic to crypto exchanges, with an enormous surge in curiosity in April

But as The Block’s analysis analyst Lars Hoffman first famous on Twitter, web traffic fell from 638.2 million in May to 369.1 million visits in June — a 42.2% lower in traffic quantity in comparison with the earlier month, in keeping with information gleaned from ComparableWeb.

That’s almost as large of a decline as between January and February of this yr, which noticed a forty five.3% lower in web traffic. 

Share of web traffic crypto exchanges

Binance had the most important share of web traffic at 40.7%, adopted by Coinbase with 19.2% and Indodax, an Indonesian crypto exchange, held 3.6%. 

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