Bitcoin's trading volume on centralized exchanges has skyrocketed to heights not seen since May 2021. From September 2023 to late March 2024, the volume leaped eightfold, paralleling a dramatic price rally from $34,667 to a staggering $73,000. Yet, despite a price correction, the trading fervor refused to wane. How has this powerhouse managed to capture and sustain such a significant share of the market, and what does this mean for the broader crypto ecosystem?
Bitcoin CEX trading volume hits record high in March
03/25/2024 23:02
Bitcoin's trading volume on centralized exchanges increased eightfold between September 2023 and March 2024, reaching a three-year high.
Bitcoin CEX trading volume hits record high in March 36 seconds ago · 2 min read
Bitcoin's March volatility was mirrored by a surge in trading activity, with Binance accounting of over half of the CEX trading volume.
2 min read
Updated: Mar. 25, 2024 at 3:15 pm UTC
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