In November, the cryptocurrency market's spot trading volume reached $2.7 trillion, the highest since May 2021. According to Golden Financial and The Block, the spot trading volume in the cryptocurrency market in November hit $2.7 trillion, more than doubling the trading volume of October ($1.14 trillion). Approximately 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 significant month-on-month growth was observed in trading volumes across various regions globally. Additionally, in November, the total trading volume of Bitcoin futures on trading platforms reached $2.59 trillion, and Ethereum futures reached $1.28 trillion, both setting new highs since May 2021.
