Bitcoin trading volume on Coinbase hit a 14-month high in May this year

According to CoinDesk on June 7th, in May of this year, the bitcoin transaction volume of Coinbase, the largest cryptocurrency exchange in the United States, reached its highest level in 14 months. According to Bitcoinity's data, in May, Coinbase facilitated the trading of 738,959.42 bitcoins, which was valued at approximately $5.9 billion at current market prices. This is the highest bitcoin trading volume of the exchange since March 2018.