The crypto market had a successful year in 2024, with average monthly trading volume reaching $1.5 trillion, a 135% increase from the previous year. November saw record-breaking trading volumes of $2.7 trillion. Binance remained the dominant exchange, handling 40% of all crypto trades and generating $7.7 trillion in trading volume. Coinbase came in second with a total of $1.2 trillion. The market was boosted by regulatory clarity, Bitcoin spot ETF approvals, and growth in DeFi platforms. The future of the market in 2025 remains uncertain, with mixed performance currently observed.
- Content Editor ( financemagnates.com )
- 2024-12-30
Crypto Sees Second-Best Year Ever: 2024 Trading Hits $18.4 Trillion