Not all crypto exchange executives agree, but the data does not lie: centralized exchange trading volumes dropped more than 11% to $4.61 trillion, their lowest since late 2024.
source https://www.coindesk.com/markets/2026/06/11/wall-street-and-crypto-are-crashing-into-each-other-as-tokenized-treasury-markets-hit-usd14-6-billion
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