Cryptocurrency

America

bullish

Bitcoin

Trading volumes on centralized cryptocurrency exchanges continued to grow in August, continuing the momentum from July after the lowest level in recent months in June. 
<h2 id="crypto-exchange-trading-volumes-continued-to-trend-up-in-august">Crypto Exchange Trading Volumes Continued to Trend Up in August</h2> 
Global spot market volumes on major exchanges including Binance and Coinbase reached $1.2 trillion in August, a 6.6% increase from $1.12 trillion in July. 
Binance maintained its dominance in the market by taking the largest share with a trading volume of $448.45 billion in August. 
The bullish trend was particularly strong among U.S.-based cryptocurrency exchanges, with monthly trading volumes on exchanges serving North American customers rising to $166.84 billion in August, a significant 21.6% increase from $137.17 billion in July. 
Related News: <a href="https://en.bitcoinsistemi.com/cryptocurrency-exchange-okx-announces-that-it-has-delisted-this-altcoin-from-margin-trading/" target="_blank" rel="dofollow">Cryptocurrency Exchange OKX Announces That It Has Delisted This Altcoin From Margin Trading!</a> 
Crypto.com emerged as the leading exchange in North America with its trading volume rising to $95.77 billion in August, further solidifying its dominance in the region. 
The August data reflects a broader recovery in trading volumes on central exchanges over the summer, reversing a decline that sent volumes to multi-month lows in June. 
In 2024, exchange trading volumes peaked at $2.48 trillion in March, coinciding with Bitcoin reaching an all-time high above $73,000. 
Bitcoin continues to dominate trading activity, with its daily trading volume significantly outpacing that of Ether. The 7-day moving average for daily Bitcoin trading volume across all major exchanges is $10.27 billion, while for Ethereum, the figure is $6.52 billion. 
This continuous increase in trading volumes highlights the ongoing interest and activity in the cryptocurrency market, which goes through periods of volatility and growth. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/trading-volumes-on-cryptocurrency-exchanges-increased-in-august-which-exchange-is-first-here-are-the-details/">Trading Volumes on Cryptocurrency Exchanges Increased in August! Which Exchange is First? Here are the Details</a>

Trading Volumes on Cryptocurrency Exchanges Increased in August! Which Exchange is First? Here are the Details

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