Bitcoin

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<ul class="news-points"> 
 <li><strong>Bitcoin volume dominance on US exchanges rose from 29% in January to 44% in June 2023.</strong></li> 
 <li><strong>The volume dominance reflects the market sentiment among crypto users in the U.S.</strong></li> 
 <li><strong>Kaiko notes that the lawsuits filed by the SEC have upended the U.S. crypto market.</strong></li> 
</ul> 
<p>According to Kaiko, the leading market data platform, the <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/">Bitcoin</a> volume dominance on U.S. exchanges rose from 29% in January to 44% in June 2023. Kaiko’s data provide an overview of the prevailing sentiment among crypto users concerning their exposure to altcoins.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#BTC</a> volume dominance on U.S. exchanges has soared from 29% to 44% since the start of 2023. <a href="https://t.co/xSEJb9gHCN" target="_blank" rel="nofollow">pic.twitter.com/xSEJb9gHCN</a></p>— Kaiko (@KaikoData) <a href="https://twitter.com/KaikoData/status/1671099101553864704?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 20, 2023</a>
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<p>Additional information from Kaiko indicates that the recent lawsuits filed by the <a href="https://coinedition.com/tag/sec/">Securities and Exchange Commission (SEC)</a> against Binance and Coinbase have upended the U.S. crypto market. The allegations involved multiple crypto projects comprising some of the top altcoins. Hence, the perceived migration of crypto users from altcoins to Bitcoin.</p> 
<p>There is an alternating behavior between Bitcoin and altcoins. Both exhibited contrasting trends in the initial days of cryptocurrency development…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/bitcoin-volume-dominance-soars-across-u-s-crypto-exchanges/">Bitcoin Volume Dominance Soars Across U.S. Crypto Exchanges</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Bitcoin Volume Dominance Soars Across U.S. Crypto Exchanges

Coin Edition

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