Crypto Trading Volume Rebounds to $5.19 Trillion in October 2024, Driven by Derivatives Market

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BitcoinWorld 2w ago

Crypto Trading Volume Rebounds to $5.19 Trillion in October 2024, Driven by Derivatives Market - BitcoinWorld

Quick Summary:

Crypto Trading Volume Rebounds to $5.19 Trillion in October 2024, Driven by Derivatives Market The cryptocurrency market experienced a notable surge in trading activity in October 2024, with total trading volume reaching $5.19 trillion—a 19% increase from the previous month, according to CCData’s latest report.

Together, these exchanges dominate the market, driving the bulk of trading activity and serving as primary destinations for both spot and derivatives transactions.

As derivatives markets continue to grow, their influence on spot prices and market trends will likely increase, creating a more dynamic and interconnected trading environment.