🎉 Hello everyone! Today we are going to talk about a big news in the cryptocurrency market! Coinbase International set a historical record last week with a total trading volume exceeding $119 billion! This number is 124% higher than the total from the previous week, and the daily average trading volume surged by 164%! That's quite a leap!
In November, the average daily trading volume of Coinbase International was only $2.5 billion, but by December, this number had approached $10 billion. Such a growth rate is truly astonishing! It seems that more and more people are starting to pay attention to and participate in cryptocurrency trading.
So, which trading pairs are the most popular? On Coinbase International, the top five trading pairs include perpetual futures for BTC, ETH, SOL, XRP, and DOGE. These trading pairs account for 99.8% of the total trading volume on the exchange. Among them, BTC-PERP accounts for 57% of the total trading volume, while ETH-PERP accounts for 34%. It is clear that Bitcoin and Ethereum are still the main characters in the market.
What are the reasons behind this surge in trading volume? Perhaps it is due to the increased confidence in cryptocurrencies in the market or some new investors entering the scene. Regardless, this is an important performance for the cryptocurrency market.
So, friends, what do you think about this surge in trading volume? Feel free to share your thoughts and insights in the comments! Do you think this growth trend will continue, or is it just a temporary phenomenon? Let's discuss together! 💬
In short, the dynamics of the cryptocurrency market are always full of surprises and changes. Whether you are a beginner or an experienced player, keeping an eye on market trends and investing rationally is the most important thing! Looking forward to seeing your exciting discussions in the comments!