đ¨đ¨ HISTORIC BREAKTHROUGH: Binance Surpasses $100 Trillion in Trading Volume â The Crypto Giant DOMINATES the Market! đ¨đ¨
Binance just hit a massive milestone, becoming the first-ever centralized exchange to surpass $100 trillion in combined spot and derivatives trading volume, according to CCData. This is a monumental moment not just for Binance, but for the entire crypto industry, proving that Binance remains the dominant force in the market! đĽ
Binance Makes History!
The worldâs leading crypto exchange is far ahead of the competition, with OKX trailing in second place with a distant $24.9 trillion in trading volume. Other exchanges like Bybit and Bitget rank third and fourth with $13.2 trillion and $10.9 trillion, respectively. Even more shocking, despite FTXâs collapse in November 2022, it still holds the position of the sixth-largest exchange by all-time trading volumeâa testament to its once massive impact on the market.
Bitcoinâs Rally and Whatâs Next
Amid this monumental news, Bitcoin is showing strong bullish momentum, closing Q3 with a modest 1.00% gain after dipping below $50,000 in August. As we head into Q4, optimism is building, supported by the Federal Reserveâs recent interest rate cut of 50 basis points, which fueled market activity. Bitcoinâs price has surged past $62,000, and if further economic stimulus is introduced, risk-on assets like Bitcoin are expected to benefit the most! đ
With altcoins outperforming U.S. equities, the market is signaling that liquidity injections could follow, pushing the crypto sector even higher. đ
Meme Coins Lead the Charge: PEPE and FLOKI Surge!
In the midst of the bullish trend, meme coins like PEPE and FLOKI have been among the top performers, delivering staggering returns of 1,501% and 698%, respectively! Solana also delivered a strong performance with a 599% rise, further cementing its position as a top-performing asset.
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