Crypto Blues exchanging Giants facing trading sizes – TradingView News
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The Global Cryptocurrency Exchang and Global Cryptocurrency Exchange has seen large sizes in January 2025, as it decreased by 19.5 % to $ 1.73 trillion of December 2024 at the record number $ 2.14 trillion.
The decline occurred although the market was reaching the historical highlands in the Bitcoin (BTC) chart; However, he quickly moved to correction. The result is also less than the result in November.
Curd folders in January 2025
Asian stock exchanges faced special pressure, as the sizes of the South Korea vision, based in Hong Kong 34 % and 24 %, respectively. US -based platforms in the United States showed relatively better flexibility, as Coinbase decreased by 17 % in matching the wider market.
It should be noted that in November, the market was driven by the euphoria surrounding Donald Trump’s electoral victory, which reached its climax in December when Bitcoin tested the highest new level ever exceeding $ 108,000. Although January witnessed a correction of this step, the market has proven that its temperature has increased, which led to a declining correction of about 95 thousand dollars. While trading volumes have been high, it has decreased from record levels during the past two months.
However, the data indicates the stage of standardizing the market rather than a basic shift in trading patterns, as the first three centers maintain its collective share by 71 % despite the low size.
Binance maintains its highest position
Binance maintained its dominant location on the market with 46 % despite seeing sizes that decrease 20 % to 801.1 billion dollars. Bybit and Upbit assembled the first three, reaching 14 % and 11 % in the market respectively.
It is worth noting that Upbit has witnessed a sharp decrease among the main stock exchanges, as 34 % month sizes fell.
Annual growth is still strong
Despite the monthly decrease, comparisons are drawn on an annual basis more optimistic. The total trading volume via the main stock exchanges increased by 87.9 % compared to January 2024. Bybit led the annual growth schemes with a remarkable increase by 184 %, while Coinbase and Upbit multiplied more than double their sizes from the previous year.
Trump continues to shake the cryptocurrency market, making it difficult to predict what he will bring in February. His last decision was to impose a 25 % tariff on steel and aluminum a negative impact on the distinctive code prices at the beginning of the week, including XRP.
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