I noticed an interesting CoinGecko report for the first quarter — the market has clearly entered a serious correction. Cryptocurrency capitalization dropped by 20.4%, and we are now at the $2.4 trillion mark. If you remember, last October it was almost twice as high. That’s how it is.



What’s also interesting is that volumes on cex near me and other platforms decreased by 39%. Trading has clearly slowed down. In March, there was a monthly low of just $0.8 trillion in spot volumes. Bitcoin fell by 22%, stablecoins remained steady, and commodities unexpectedly increased by 77% — an interesting contrast.

On decentralized exchanges, Solana continues to dominate with a 30.6% share of spot trading. Hyperliquid also shows activity thanks to demand for 24/7 oil trading — commercial traders hold about 30% of open positions there.

Overall, from the perspective of cex near me trading platforms — they are going through a difficult period. Volumes are shrinking, demand is weak. It seems that the market has indeed entered a longer cooling cycle, not just a short-term decline. It will be interesting to see when the recovery begins.
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