Crypto Blog
Bybit’s Institutional Report 2024 revealed a significant increase in monthly trading volumes across several centralized exchanges from October 2023 to March 2024.
Bybit Exchange emerged as one of the fastest-growing platforms, showing a remarkable 264% growth in trading volumes. Additionally, the U.S.-based exchange Coinbase experienced an uptick in volumes, rising by 193%, slightly below the industry’s average growth rate of 255%. This trend suggests that investors are optimistic about the long-term price prospects of these two cryptocurrencies as the year progresses.
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