The Bitcoin market’s spot trading volume fell to approximately 1.59 trillion USD in November, a decrease of 26.7% from October, marking the lowest level since June. This substantial drop reflects the ongoing challenges in the crypto landscape.
Notably, Binance’s trading volume reached about 599.3 billion USD, with decentralized exchanges like Uniswap and PancakeSwap contributing 79.8 billion USD and 70.5 billion USD. Additionally, ETFs report a net outflow of 3.48 billion USD, pointing to decreased market activity.
Leave a Reply