Trade volume on the world's major crypto exchanges this month has already exceeded last month's total, according to data compiled by The Block.
January’s high is $468.7 billion as of publication — up $89.4 billion (23.6%) compared to the previous month.
Binance currently holds 54.7% of January’s trade share, with Coinbase (14.1%) and Kraken (6.4%) in second and third place, respectively.
About Author
MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.