PANews, December 2 news, according to The Block, the spot trading volume of the cryptocurrency market in November reached $2.7 trillion, a new high since May 2021, more than double the trading volume in October ($1.14 trillion). About 36% of the trading volume in November came from Binance, which exceeded $986 billion. Crypto.com, Upbit, and Bybit followed closely, each with trading volumes exceeding $200 billion, and trading volumes across regions showed significant month-on-month growth.

In addition, the total trading volume of Bitcoin futures on trading platforms in November reached $2.59 trillion, while Ethereum futures reached $1.28 trillion, both setting new highs since May 2021.