April by the numbers: A look at crypto exchange volumes, open interest and miner revenue

Quick Take

  • Crypto volumes on spot exchanges saw the first monthly decline in five months as the total legitimate volume dropped by 25.2% in April
  • Open interest on derivative exchanges experienced an increase since March, with CME hitting all-time highs
  • Adjusted value settled of Bitcoin and Ethereum saw a decrease of 13.2% M/M
  • Bitcoin miners generated $413 million in April, which is up 8% M/M
The Block Research looks at the macro developments in April.

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