Kryptodata

  • Market Cap: $2,720,869,152,342.18
  • 24h Vol: $91,452,401,409.53
  • BTC Dominance: 49.66%
Crypto Websites Experience Surging Traffic Despite Bear Market in 2023

Crypto Websites Experience Surging Traffic Despite Bear Market in 2023

Crypto exchanges like HTX (formerly Huobi) and OKX have experienced significant increases in website traffic this year. HTX saw its monthly visits surge over 200% from January to August, while OKX experienced a similar traffic increase of 185%. Other exchanges such as Gate.io, CoinW, XT.com, and Bitmart also saw notable traffic growth. Additionally, self-custodial wallets like MetaMask and Trust Wallet, as well as decentralized exchanges like Uniswap, have seen increases in website traffic. This suggests that the crypto market may not be in a bear market as previously thought. While website traffic doesn’t directly reflect trading volumes, it does indicate adoption and demand for crypto services. Bitcoin is currently down 12% from its recent high, further supporting the argument that it is not in a bear market.

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