🔍Market Summery

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Bybit August Derivatives Volume Rose 14.9% to $321B

Bybit August Derivatives Volume Rose 14.9% to $321B

Bybit said August derivatives volume rose 14.9% to $321B, citing CoinDesk Research, and its spot market share was 5.26% for the month.Material Details#DetailAI Analyst View1Derivatives vol $321B, +14.9% MoMSignals stronger trading activity and likely higher fee revenue.2Spot share 5.26% in AugustMar…

Bitcoin Trading Takes Large Share of July Crypto Volume — Market Talk

Bitcoin Trading Takes Large Share of July Crypto Volume — Market Talk

Bitcoin accounted for just under 43% of the total volume traded in the cryptocurrency market in the month of July, says Cex.io in a note. That's the largest share bitcoin has taken of cryptocurrency volumes since early 2023, says the firm. "Historically, bitcoin's trading dominance tends to rise dur…