Deep Tide TechFlow News, on December 25, according to Bloomberg, data from the cryptocurrency data analysis platform Kaiko shows that the proportion of Bitcoin trading denominated in US dollars during US trading hours has increased from 40% in 2021 to about 53%. Market depth has returned to pre-FTX crisis levels, essentially closing the 'Alameda Gap'.

CF Benchmarks product manager Thomas Erdösi stated that the increase in institutional participation has shifted the liquidity focus towards the United States. Analysts believe that Trump's promise to make the U.S. a core of the cryptocurrency industry and the successful launch of Bitcoin ETFs are the main factors driving this trend.