During August, Bitstamp’s trading volume increased by 21%, totaling 14.4 billion USD, while Robinhood experienced an 18% decline to 13.7 billion USD. This is the first time Bitstamp has outperformed Robinhood since being acquired.
The overall crypto market remained stable in August amidst economic uncertainties. Experts suggest that the current market conditions could lead to a rise in trading volumes as key macro signals are anticipated.
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