Cryptocurrency Trading Volume Declines Amid Trade Concerns

According to BlockBeats, concerns over U.S. President Donald Trump's tariffs on Mexico, Canada, and other countries have led to a decrease in investor appetite for risk investments, resulting in a significant drop in cryptocurrency trading volumes in February. The total trading volume on centralized exchanges, including both spot and derivatives, fell by 21% month-over-month, reaching $7.2 trillion, marking the lowest level since October of the previous year.