Data: CEX spot market transaction volume in February decreased by 23.7% month-on-month, setting a new low this year
According to The Block data, the trading volume of the CEX spot market in February reached 1.77 trillion US dollars, hitting a new low for the year, a decrease of 23.7% compared to January's 2.32 trillion US dollars. In addition, Binance's spot market market share in February was 36.8%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Market Insights: Short-Term Recovery Signals for BONK, ALCH, and Bitcoin
In Brief Analyst Pseudonym identifies recovery signals in BONK, ALCH, and Bitcoin. Short-term trading strategies recommended for cautious positions. Increasing interest in meme tokens amid market volatility.
Ethereum Price Fluctuations Ignite Technical Analysis and Strategic Forecasts
In Brief Ethereum's price fluctuations shift focus to technical indicators among market players. Analysts signal potential recovery and long-term growth opportunities for Ethereum. Competition from networks like Solana raises challenges for Ethereum's market position.
Senate bill targets emissions from AI and crypto data centers
SEC eyes crypto trading overhaul amid calls for reform
Trending news
MoreCrypto prices
More
