📉 The correction in the crypto market over the last two months has led to significant declines in Bitcoin and altcoin spot trading volumes. According to the CryptoQuant report, Bitcoin trading volume decreased by 77%, while altcoin trading volume dropped by 80%. This situation may indicate that investors are experiencing a loss of confidence.
📈 However, Binance has benefited from this decline. The share of Bitcoin trading volume, which was 33% at the beginning of February, rose to 49% by the end of the quarter. Altcoin trading volume also showed a similar increase.
💬 Do you think this rise of Binance is permanent? Share your thoughts in the comments!
📈 However, Binance has benefited from this decline. The share of Bitcoin trading volume, which was 33% at the beginning of February, rose to 49% by the end of the quarter. Altcoin trading volume also showed a similar increase.
💬 Do you think this rise of Binance is permanent? Share your thoughts in the comments!