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Web traffic to crypto exchanges fell 10,2% in April, Binance, Coinbase, and BitMEX drew 52.9% of the total traffic

Data from traffic tracking platform SimilarWeb indicates that the number of visits to crypto exchanges fell in April compared to March.

As noted by The Block’s Larry Cermak in an April by-the-numbers report on the crypto ecosystem, the number of visits fell from 111.2 million in March to 99.9 million in April. This represents a month-over-month decrease of 10.2%.

Binance saw the largest number in April, drawing in about 23.2 million visits during the period, followed by Coinbase (21.7 million) and BitMEX (8 million). Binance, Coinbase, and BitMEX drew 52.9% of the total traffic, according to the data.

Crypto volumes on spot exchanges saw the first monthly decline in five months as the total legitimate volume dropped by 25.2% in April

Open interest on derivative exchanges experienced an increase since March, with CME hitting all-time highs

Adjusted value settled of Bitcoin and Ethereum saw a decrease of 13.2% M/M

Bitcoin miners generated $413 million in April, which is up 8% M/M

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Source: The Block

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