PANews reported on December 2 that according to The Block, the spot trading volume of the crypto market reached 2.7 trillion US dollars in November, a new high since May 2021, more than double the trading volume in October (1.14 trillion US dollars). About 36% of the trading volume in November came from Binance, which had a trading volume of over 986 billion US dollars. Crypto.com, Upbit and Bybit followed closely behind, with trading volumes exceeding 200 billion US dollars, and trading volumes in all regions of the world showed significant month-on-month growth.
In addition, the total trading volume of Bitcoin futures on the trading platform reached US$2.59 trillion in November, and Ethereum futures reached US$1.28 trillion, both setting new highs since May 2021.
