– Crypto exchanges HTX (formerly Huobi) and OKX have seen a surge in website traffic, with increases of 200% and 185% YTD, respectively.
– Major cryptocurrency websites like Binance and Coinbase have experienced a decline in traffic.
– Other crypto exchanges such as Gate.io, CoinW, XT.com, and Bitmart have also seen an increase in website traffic this year.
– Kraken, a major US crypto exchange, has seen an 11% rise in traffic.
– Software cryptocurrency wallets like MetaMask and Binance’s Trust Wallet have recorded growth in traffic.
– Decentralized crypto exchanges (DEX) like Uniswap and crypto services like Bitrefill have also experienced traffic growth.
– The increase in website traffic suggests that crypto may not be in a bear market, indicating adoption and demand for cryptocurrency services.
– Bitcoin is currently down 12% from its recent high, further supporting the argument that it is not in a bear market.
– Crypto website traffic is not the only evidence suggesting that crypto is not in a bear market.
