In March, the cryptocurrency market witnessed a significant surge in trading volumes, reaching an all-time high of $9.1 trillion across centralized exchanges, marking a 92.9% increase. This nearly double increase was driven by both spot and derivatives trading, with spot trading alone accounting for $2.94 trillion, marking its highest point since May 2021. Binance, one of the leading cryptocurrency exchanges, also reported a yearly high in trading volumes at $1.12 trillion, reflecting the heightened activity and enthusiasm in the current crypto bull market.
📊🌟Witness the remarkable growth in trading volumes across diverse chains this March, including Ethereum, Aptos, zkSync Era, and Arbitrum One. Explore the fresh figures and witness our progress! 💬March Highlights: Total Volume: $44.8B (+$29.0B from $15.8B in Feb)… https://t.co/xoUCiJZAGE
📈 Crypto Trading volume hits a new milestone with combined spot and derivatives volume surging 92.9% to a record $9.1T in March! An ATH in the market. https://t.co/sWeVwDClna
Trading volumes at Binance hit a yearly high of $1.12 trillion in March, highlighting traders’ excitement over the current crypto bull market. https://t.co/pQ89AhdwXE https://t.co/sdcVak7kja