The cryptocurrency market continues to be sluggish, with CEX total trading volume dropping over 50% compared to yesterday

According to data from Coingecko, the trading volume in the crypto market remains sluggish. In the past 24 hours:

• The total trading volume on centralized exchanges (CEX) was $164 billion, down 53.85% from the previous day;
• The total trading volume on decentralized exchanges (DEX) was $10.9 billion, down 13.88% from the previous day;
• The total trading volume for derivatives (Futures) was $639 billion, down 9.19%;
• The total trading volume for perpetual contracts (Perp DEXs) was $37.7 billion, down 2.63%.