Binance trading volume tops all-time high with $37B in a day
Trading volume on the world’s most popular crypto exchange has surged following a rally of the top three tokens. With Bitcoin within $1,000 of its all-time high price of $19,891 set in December 2017, trading on major crypto exchange Binance is also hitting new heights with more than $37 billion in volume in the last 24 hours.According to data from CoinMarketCap, the daily trading volume of Binance has now hit $37,291,444,117 which is up 40.5% in the last 24 hours. Last week, the analytics site reported $25 billion in trading volume for Binance.In addition, Bitcoin (BTC) futures open....
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Record high trading volume and new offerings from Binance are a few of the factors behind Binance Coin hitting a new all-time high at $148. On Feb. 10 Binance Coin (BNB) hit a new all-time high at $148 after the native exchange token rallied 121% since the start of the week. Data from Cointelegraph Markets and TradingView shows that BNB rose from $35.37 on Jan. 11 to $148, a 256% increase in less than a month. BNB/USDT 4-hour chart. Source: TradingViewThree reasons for the explosive growth in the price of BNB include the recent surge in trading volume to a new record high, the expansion of....
Bitcoin (BTC) continues to show signs of strength despite experiencing a minor pullback in its most recent trading session. After briefly reaching a 24-hour high of $106,518, the asset retraced slightly and now trades at $104,820, reflecting a modest 0.5% decrease over the past day. Still, the cryptocurrency remains just 3.8% below its all-time high of $109,000 set in January, keeping traders and analysts closely focused on its next move. Notably, the current price action comes as changes in trading behavior emerge across major exchanges. Related Reading: Bitcoin Bulls Face Make-Or-Break....
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