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Business · 28 July 2026

Crypto exchanges close as trading volumes fall sharply

Crypto exchanges close as trading volumes fall sharply

Photo by Traxer on Unsplash

The crypto market has seen its quietest period in over two years, with trading volumes on major platforms dropping to $1.05 trillion by April 2026. The slump in retail trading, combined with rising regulatory costs, is forcing smaller crypto firms like BitMEX and BitMart to shut down. Analysts believe only large exchanges with strong compliance and diversified services will survive.

Reported by coindesk.com · How we write briefs

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