Bitcoin

<ul><li>Bybit overtakes Coinbase as the world&#39;s second-largest cryptocurrency exchange, reflecting significant growth.</li><li>Spot Bitcoin ETFs in the US boosted Bybit&#39;s market share from 8% to 16% by March 2024, driving trading volumes.</li><li>Bybit&#39;s low fees and diverse derivatives attract traders, capturing market share amid Binance&#39;s regulatory challenges.</li></ul>Bybit has soared past Coinbase to become the world&#39;s second-largest cryptocurrency exchange, a significant milestone reported by <a href="https://www.bloomberg.com/news/articles/2024-06-25/bybit-is-now-the-world-s-second-largest-crypto-exchange?srnd&#61;cryptocurrencies-v2" rel="noopener noreferrer nofollow">Bloomberg</a>. This achievement marks a positive shift in the competitive landscape of crypto trading.According to a recent <a href="https://research.kaiko.com/insights/bybits-push-for-dominance" rel="noopener noreferrer nofollow">report</a>, the launch of spot Bitcoin exchange-traded funds (ETFs) in the United States in October 2023 was a major catalyst for Bybit&#39;s growth. By March, Bybit&#39;s market share had jumped from 8% to 16%, reflecting a substantial increase in trading volume driven by the new financial products. Meanwhile, <a href="https://cryptotale.org/coinbase-and-robinhood-move-9-6-trillion-shiba-inu-amid-market-crash/" rel="noopener noreferrer nofollow">Coinbase&#39;s market</a> share increased slightly, from 7% to 8%, during the same period.<a href="https://cryptotale.org/bybit-surges-ahead-of-coinbase-now-worlds-second-largest-crypto-exchange-report/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Bybit Surges Ahead of Coinbase, Now World's Second-Largest Crypto Exchange: Report

CryptoTale

Alte articole publicate pe 27 iun. 2024

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