October sees lowest-ever daily trading volume for crypto products: Report
As the crypto market shows signs of a gradual recovery, with Bitcoin (BTC) holding above the psychologically important $20,000 level after its initial crash to $17,600 in June, this month still sets a record low for an average daily aggregate product volume across all digital asset investment products. According to the report from CryptoCompare, published […]
Leading centralized exchanges extend market share in 2022
The top centralized cryptocurrency exchanges have reached all-time highs for market share this year as trading volume in crypto consolidates onto the platforms of only a few trusted companies. So named “top-tier” crypto exchanges have increased their market share from 89% in August 2021 to 96% in February 2022 according to data collected by UK […]
Market share of top crypto exchanges passes $1T: CryptoCompare report
Out of the 160 cryptocurrency exchanges analyzed in a recent report, half control roughly 85% of the total market share. According to a CryptoCompare Research report published today, exchanges that the analytics firm rated as “top tier” gained 13% of the market share from October 2020 to January. This put the market share of these […]