Crypto market spot trading volume reached $2.70 trillion in November, the highest since May 2021
According to The Block, spot trading volume in the crypto market reached $2.70 trillion in November, the highest since May 2021 and more than double the amount traded in October ($1.14 trillion). About 36% of the trading volume in November came from Binance, which traded over $986 billion.
Crypto.com, Upbit and Bybit followed with trading volumes exceeding $200 billion, with significant month-on-month growth across all regions of the world. In addition, total trading volume on trading platforms Bitcoin futures reached $2.59 trillion and Ethereum futures reached $1.28 trillion in November, both hitting new highs since May 2021.
In addition, the total trading volume of Bitcoin futures on the trading platform reached $2.59 trillion in November, and Ethereum futures reached $1.28 trillion, both setting new highs since May 2021.