CEX Spot Trading Volume Surges to 7-Month High in August

Cryptocurrency trading activity saw a major surge in August, with centralized exchanges (CEXs) experiencing the highest volume levels in seven months. According to The Block, total CEX spot trading volume reached an impressive $1.86 trillion, highlighting a robust return of trading momentum across the cryptocurrency market. Analysts point to increased investor confidence and anticipation of favorable regulatory developments as key drivers behind this uptick.