Cryptocurrency Trading Volumes Hit Record $11.3 Trillion Amid Rising Volatility and Exchange Competition
Analysis of Crypto Spot Trading and Market Trends The recent surge in crypto spot trading has surpassed the May 2021 peak, reaching a record-breaking $11.3 trillion in trading activity on centralized exchanges in December. This significant increase is attributed to a 7.58% jump in combined spot and derivatives volumes. Notably, spot trading volumes hit $3.73…