CryptoCompare data has revealed that daily crypto transaction volumes fell sharply in December 2022. On November 8, the global crypto trade volumes peaked at around $115.33 billion. This number dropped to $22.95 billion on January 1, 2023. The November spike coincided with FTX’s insolvency and increasing daily transaction volumes. Compared to October 2022’s $543.67 billion, The post Crypto Market Sees Massive Drop of Trading Volume in 2022 appeared first on Coin Edition .