Cryptocurrency markets have been very active lately. Bitcoin (BTC) in recent weeks reaching record levels Investors started returning to this area. Studies also show that crypto money markets a serious flow of money revealed that this is so.

Market research agency CCData on cryptocurrency markets latest data shared. Shared data, especially the world’s largest cryptocurrency exchange BinanceThanks to statistics from , it revealed the growth in the cryptocurrency markets. Because Binance’s spot transaction volume has increased by 121 percent as of March 2024 $1.12 trillion It was recorded as.

These levels were last observed in May 2021

According to CCData data, Binance last reached such a large transaction volume in May 2021. We have readers who remember; At that time, there was a very serious change in the cryptocurrency markets. There was an upward trend. The latest news shows that the same level will be reached again after a few years. Of course this It doesn’t mean There will be very serious price increases again, like those in 2021.

Binance, especially lately The United States Government He faced and endured major lawsuits. CCData analysts say the impact of these cases is now starting to fade. Because trust in Binance, restored resembling. The exchange’s total market share increased by 1.04 percent in March 2024, reaching 44.1 percent. In other words, transactions on cryptocurrency markets almost halfreturns via Binance.

This content should not be considered investment advice.