24/7 Cryptocurrency News

Just-In: These Records Largest Crypto Exchange Traffic Since Market Crash

Published by
Just-In: These Records Largest Crypto Exchange Traffic Since Market Crash

The crypto market activity dwindled after the recent crypto market crash in May-June, with traders in many countries losing interest in the market. However, crypto exchange traffic data from Arcane Research reveals crypto market participation still remains higher in most countries despite the crash.

Advertisement

Crypto Exchange Traffic from Global Visitors

According to Arcane Research, the crypto exchange website visits data in the last 90 days reveals that traders from 20 countries contribute 52.4% of all crypto exchange visits. This also indicates a rising interest from traders as cryptocurrencies’ prices drop to lower levels.

The analytics firm tracked 35 global crypto exchanges’ website traffic for the research. Interestingly, U.S. traders dominate the crypto exchange website visits, accounting for 14.33% of all visits.

Traders from countries including the U.S., South Korea, and Russia record the largest participation in the crypto market in the last 90 days. While the U.S. accounts for 14.33% of traffic, South Korea and Russia account for 6.51% and 4.87%, respectively.

Crypto Exchange Website Visits in Last 90 Days. Source: Arcane Research

Other countries in descending order include Turkey, Japan, the UK, India, Ukraine, Brazil, Vietnam, Argentina, Canada, Germany, Indonesia, the Philippines, Poland, Singapore, Spain, France, and Italy.

The U.S. dominance in the crypto market is backed by institutional adoption, crypto regulatory changes, stablecoins, and crypto mining. Major Wall Street banks and other financial institutions such as JPMorgan, Morgan Stanley, and Goldman Sachs have invested in Bitcoin and other cryptocurrencies.

Russia and Ukraine have witnessed increased crypto adoption after the Russian invasion of Ukraine, leading to sanctions against Russia. Ukraine received crypto donations from across the world to defer the Russian oppression.

European countries including France, Germany, Spain, and Italy saw rising crypto activity and crypto exchanges’ expansion. The move came as a result of the Markets in Crypto-Assets (MiCA) legislation by the EU.

Advertisement

Crypto Market Recovery in Sight?

Bitcoin (BTC) and Ethereum (ETH) prices are trending higher after a recent decline due to a market-wide selloff.

The Bitcoin (BTC) price is slowly moving upwards, with the current price trading at $21,468. However, it is still below the key 200-WMA at $23,000.

Meanwhile, the Ethereum (ETH) price is up 3% in the last 24 hours, trading near $1,650. The much-awaited Merge is the key reason behind the rally. Ethereum’s developers expect the Merge to happen on September 15. However, the price will be deflationary amid the anticipation.

Advertisement

Share
Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

Nasdaq-Listed Fitell Adds Pump.fun’s PUMP To Supplement Solana Treasury

Australia’s Fitell Corporation has purchased 216.8 million PUMP tokens for $1.5 million. The Nasdaq-listed company…

October 3, 2025
  • 24/7 Cryptocurrency News

FG Nexus to Tokenize Stock on Ethereum as SEC Weighs 24/7 Onchain Stock Trading

FG Nexus has announced that it will allow shareholders to convert common stock into tokenized…

October 2, 2025
  • Bitcoin News

Bitcoin Still Undervalued, JPMorgan Forecasts Rally to $165,000

JPMorgan says Bitcoin (BTC) is undervalued compared to gold and could rise to $165,000, giving…

October 2, 2025
  • 24/7 Cryptocurrency News

Breaking: CME to Launch 24/7 Crypto Futures Trading Amid Rising Institutional Demand

Derivatives exchange CME Group has announced plans to begin offering 247/7  crypto futures and options…

October 2, 2025
  • Bitcoin News

Citigroup Predicts Bitcoin Could Climb to $231,000 in 12 Months

Banking giant Citigroup has revised its Bitcoin prediction to $231,000 in the next 12 months,…

October 2, 2025
  • 24/7 Cryptocurrency News

Ethereum and BMNR Rallies as BitMine Drops $1B on ETH, Analyst Hails “Most Bullish Setup Yet”

The Ethereum price and BMNR stock have recorded modest gains thanks to BitMine’s recent $1…

October 2, 2025