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Crypto Exchanges Spot Volume Hits $1.9T as Bitcoin Surges 40% in November 2024
- BTC's remarkable jump to $100K drove crypto exchange trading activity to near-historic highs.
- Binance maintained its market dominance with a 50% share, while Upbit showed strong growth with a 386% MoM increase.
Thursday, 05/12/2024 | 13:00 GMT by
Damian Chmiel
Why Is Bitcoin Trading Volume So High? BTC Turnover Rose by 80% in a Year
- Bitcoin's trading volume surged 80% year-over-year, driven by Trump's crypto-friendly stance and spot ETF approvals.
- Daily volumes now consistently exceed $33 billion, with Binance capturing 52% of the market share.
Monday, 18/11/2024 | 12:13 GMT by
Damian Chmiel
Crypto Exchange Volumes Reach Highest Levels Since May, Top Performer Gains Over 560%
- Top 10 platforms' spot market activity achieves turnover exceeding $900 billion.
- ByBit records the highest percentage volume growth year-over-year for the consecutive months.
Thursday, 19/09/2024 | 09:55 GMT by
Damian Chmiel
Crypto Exchange Activity Hits $845 Billion in July, Up 105% from 2023
- ByBit leads growth with 400% volume Increase, while Binance maintains 50% of the market share.
- Despite historically high values, the crypto volumes are still $1.2 trillion lower than in March.
Thursday, 08/08/2024 | 20:01 GMT by
Damian Chmiel
Bitcoin Rally Fuels 5th Consecutive Month of Growth in Feb 2024 Crypto Trading Volumes
- Trading numbers rose 5% on a monthly basis and 22% on a yearly basis.
- ByBit was the biggest gainer, jumping to the 2nd spot among the biggest exchanges by volume.
Wednesday, 13/03/2024 | 10:23 GMT by
Damian Chmiel
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